Buyers spent more than $140 million to snap up $TRUMP meme coins in a bid to secure an invitation to an "intimate dinner" with President Trump, according to data analytics firm Inca Digital.
On April 23, the digital currency got a boost when it announced that its top 220 holders as of May 12 would be invited to a dinner with the president. That helped raise the value of the meme coin by more than 40% from the announcement through May 12, partially reversing an 88% slump in the weeks prior.