Trump’s meme token skyrockets 70% after VIP dinner invite

The $TRUMP token just pulled a stunt that sent its price jumping over 70%. Why? Because the former president’s throwing a fancy gala dinner for the top 220 holders of this memecoin.

Exclusive? You bet. Crazy? Absolutely. But hey, it got the crypto crowd buzzing like a hive of bees.

It’s still a memecoin?

On May 22, at the Trump National Golf Club in Washington, D.C., a select group of $TRUMP token holders will get to rub elbows, and maybe even break bread with the man himself. But this ain’t your average meet-and-greet.

Only the top 220 holders get an invite, and they gotta prove their holdings by linking their digital wallets.

No plus-ones, no freebies. You’re flying solo, and you pay your own way, travel, hotel, the whole nine yards.

And if you think that’s all, hold on. The top 25 holders get an extra special VIP reception with Trump, plus a special tour.

Word is, it might even include a White House visit. Talk about rubbing shoulders with power.

Circus?

Now, the market’s reaction? Explosive. The $TRUMP token jumped from around $9.30 to a peak of $16, yeah, that’s a 70% leap in a heartbeat.

Even after settling, it’s still cruising above $13, marking a solid 50% gain in just 24 hours. Not bad for a token that once jumped to $73 back in January but then took an epic dip, some would say crash.

But don’t get too starry-eyed, because critics are waving red flags about this token’s shaky foundations.

About 80% of the coins are owned by insiders linked to Trump’s own companies. So, it’s a bit like the family holding the chips at the poker table. And the whole thing smells a little like a speculative circus.

Influence

Still, the token’s growth shows Trump’s influence isn’t just political, but it’s financial too.

The gala dinner isn’t just a party, but it’s a savvy marketing move blending celebrity, politics, and crypto hype.

Trump’s been pushing digital ventures for a while now, from NFTs to crypto exchanges, all part of his grand plan to make America the cryptocurrency capital of the world.

So, if you’re holding $TRUMP, this dinner invite might feel like a golden ticket. But remember, in the world of memecoins and celebrity hype, things can change fast.

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