Trump’s meme coin surges after black-tie dinner invite for top holders

Published 23/04/2025, 22:24
Trump’s meme coin surges after black-tie dinner invite for top holders

Investing.com -- U.S. President Donald Trump’s meme cryptocurrency saw a significant rise in value this Wednesday. The spike came after the announcement that the top 220 holders of the coin, currently priced at $14.02, reflecting a 48.11% increase, would be invited to a black-tie dinner with the president in Washington, DC.

The value of $TRUMP rose to a high of $14.44 before settling around $14, marking an over 45% increase within 24 hours. Among the top 100 cryptocurrencies by market capitalization, $TRUMP is currently the best performer.

The invitation to the dinner, which is set to take place on May 22 at Trump’s private National Golf Club in Washington, DC, was announced on the meme coin’s official website. The site also mentioned that the top 25 token holders would be welcomed for a reception and a special VIP tour of the White House.

The website further stated that attendees of the private dinner would have the chance to hear President Trump discuss the future of cryptocurrencies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.