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#Cryptocurrency wallets#Memecoins#token+2 more tags

Trump Meme Coin Surges 50% After Presidential Dinner Announcement

5 hours ago 2 min read
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The TRUMP meme coin has skyrocketed 50% following a bombshell announcement: the top 220 holders will be invited to a Gala Dinner with the U.S. President, while the top 25 will receive a private White House tour. The rankings, which count wallet holdings between now and May 12, sparked a buying frenzy across markets.

Once struggling after tariff-related uncertainty, TRUMP is now on a major upswing. The project’s statement, delivered in bold Trumpian flair, promised the top 25 holders not just a dinner invite but also “an Exclusive Reception before Dinner with YOUR FAVORITE PRESIDENT” and a special White House tour, urging recipients to “stay in town.”

This unprecedented incentive has drawn attention not just from die-hard fans but also from skeptics. Some speculate that the gala dinner is being used to create hype and draw in retail investors for a potential exit strategy. While that remains unconfirmed, the price action shows the offer has resonated—at least for now.

Some critics are raising red flags about market manipulation. Last week, $307 million worth of TRUMP tokens were unlocked, prompting traders to take short positions. Instead of falling, the coin surged—fueled by this event. To intensify things further, the team postponed future monthly unlocks by 90 days, a move some interpret as an intentional effort to support prices through the short term.

First Meme Coin With Such Benefits

This would mark the first instance where holders of a meme coin gain such direct access to a sitting U.S. president, creating a historic precedent in both political and crypto circles. Trump has reportedly offered perks to crypto insiders in the past, and this latest move appears to continue that trend.

Looking Ahead: Whether this signals long-term opportunity or a short-lived pump remains to be seen, but for now, the TRUMP coin has captured center stage.

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