$TRUMP Coin Surges 50% After Trump Offers Dinner In Washington D.C. To Top 220 Holders

Benzinga

The Trump meme coin surged over 50% on Wednesday after a new promotion promised dinner in Washington, D.C. with President Donald Trump for the token’s top 220 holders, according to CNBC. A VIP reception and White House tour were also announced for the top 25. The event sent the token’s market cap soaring over $2 billion, according to CoinMarketCap. The Trump coin launched in January with a rapid rise to a $15 billion market cap, signaling Trump’s embrace of crypto and driven by his promotions on Truth Social and X. It has since lost much of that value.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Trump meme coin surged over 50% on Wednesday after a new promotion promised dinner in Washington,

00:07D.C. with President Donald Trump for the token's top 220 holders, according to CNBC.

00:12VIP reception and White House tour were also announced for the top 25.

00:16The event set the token's market cap soaring over $2 billion, according to CoinMarketCap.

00:21Trump coin launched in January with a rapid rise to a $15 billion market cap,

00:25seemingly Trump's embrace of crypto and driven by his promotions on TrueSocial and X,

00:30and has since lost much of that value.

00:32For all things money, visit Benzinga.com slash GSTV.

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