Trump memecoin spikes 58% in value after top holders are promised a private dinner with the president
- The $TRUMP meme coin surged over 58% on April 24, 2025, after announcing a private dinner with President Donald Trump for its top 220 holders in Washington, D.C.
- This increase followed the recent unlocking of approximately 40 million previously locked $TRUMP tokens and growing retail interest driven by exclusive event invitations.
- The dinner, scheduled for May 22, will take place at Trump National Golf Club and includes a VIP reception and White House tour for the top 25 token holders.
- After the announcement, $TRUMP briefly peaked near $16, lifting the circulating token value to $2.7 billion, with a whale investor spending $5 million on over 400,000 tokens at an average $12.27 each.
- Despite criticism over insider holdings and speculation, the event marks an early real-world engagement for a political-themed meme coin and highlights the token's role as a speculative asset with 80% supply locked by insiders.
201 Articles
201 Articles
Trump’s memecoin dinner contest earns insiders $900,000 in two days
WASHINGTON — President Donald Trump and his allies have raked in nearly $900,000 in trading fees over the past two days from the president’s $TRUMP cryptocurrency token, according to Chainalysis, a blockchain data company. The surge came after a Wednesday announcement in which the top 220 holders of the token were promised dinner with the president. “Have Dinner in Washington, D.C. With President Trump,” reads a message on the front page of the…
Trump's memecoin dinner contest earns insiders $900,000 in two days
WASHINGTON — President Donald Trump and his allies have raked in nearly $900,000 in trading fees over the past two days from the president’s $TRUMP cryptocurrency token, according to Chainalysis, a blockchain data company.
Trump Just Did One of the 'Most Corrupt Things Any President Has Ever Done'
In today’s episode of *How Low Can You Go?*, Donald Trump—yes, still somehow President—has rolled out the $TRUMP memecoin, because when you think “stable economic leadership,” you obviously think of cartoonish crypto scams. And just to make sure this latest grift hits peak absurdity, Trump is offering an actual *dinner with himself* to the top […]
Trump’s Very Stable Genius Coin
On the eve of his second inauguration, Donald Trump did something no U.S. president had ever done: He launched a meme coin. The cryptocurrency — whose value hinges more on hype than utility — surged to an all-time high of $75.35 a token. The next day, First Lady Melania Trump dropped her own meme coin, debuting at about $13 a share. Both coins have since tumbled, but on Wednesday Trump’s token briefly bumped up again to $15.47 before dipping. T…
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