US EditionTrump 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
Would you like to have dinner with the President of the United States? Now is your chance.
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Trump's memecoin dinner contest earns insiders $900,000 in two days
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