Trump’s $TRUMP Memecoin Jumps 70% Following Exclusive Dinner Announcement
Former U.S. President Donald Trump has utilized his controversial $TRUMP memecoin as an entry pass to an exclusive dinner event, triggering a 70% price surge. The top 220 holders of the token, each holding at least $420 worth, will secure access to the May 22 gathering at Trump National Golf Club in Washington, D.C., where the future of cryptocurrency will be a key discussion topic.
The announcement reignited speculative interest in the meme asset, driving its price to $16.17. This highlights the increasing convergence of political branding and speculative crypto assets, though market participants remain divided on its long-term sustainability beyond the hype.