Trump meme coin surges 50% after top holders offered dinner with the president

A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. The price spike gives the $TRUMP coins in circulation a total value of $2.7 billion. It had by far the biggest move of any cryptocurrency, outpacing Sui, which is up 23%, according to CoinMarketCap . "Have Dinner in Washington, D.C. With President Trump," reads a message on the front page of the Trump coin's website. The dinner — black tie optional — is scheduled for May 22, with a reception for the top 25 wallets. A "VIP White House Tour" will take place the following day, the site says. The $TRUMP meme coin jumped more than 50% on Wednesday after the top 220 holders of the token were promised dinner with the president. The Trump coin debuted in January, just ahead of the inauguration, offering an early indication of the president's willingness to embrace crypto and ... Read full article.