Trump Memecoin Surges 12% Ahead of Exclusive Gala Dinner
Trump’s memecoin (TRUMP) rallied sharply, gaining nearly 12% in 24 hours to trade at $14.25. The token’s market capitalization now stands at $2.85 billion, with trading volume spiking to $1.83 billion amid anticipation for an exclusive event.
The price surge coincides with preparations for a high-profile dinner at TRUMP National Golf Club in Virginia on May 22. The gathering will host the token’s top 220 holders, fulfilling a promise made by the former president in April.