TRUMP Memecoin Surges 80% Following Exclusive Dinner Announcement
An exclusive dinner event hosted by former President Donald Trump for holders of the TRUMP memecoin has ignited a dramatic price resurgence. The controversial token, which initially skyrocketed from under $10 to over $70 upon launch earlier this year, had slumped to $7 amid broader crypto market sell-offs.
The presidential endorsement triggered an 80% rally over the weekend, with TRUMP climbing to approximately $16. On-chain data from Kaiko reveals transaction volume surged 200% on April 23, signaling renewed speculative interest. market observers note such celebrity-linked tokens remain highly volatile, with prices often divorced from fundamental value.