The announcement of an exclusive dinner for major holders of the TRUMP meme coin with the participation of US President Donald Trump was the trigger for explosive growth.
A day after the announcement:
The price of TRUMP increased by 60% - from $9 to $14.5
The number of active wallets has tripled to almost 10,000 addresses
The volume of transactions on the network exceeded $2.4 billion
Conditions of participation:
220 investors will attend dinner
The 25 biggest holders will receive a face-to-face meeting with Trump and a VIP tour of the White House
Holding tokens in the period from April 23 to May 12 increases the chances
According to Kaiko:
75% of post-announcement transactions were less than $10,000
47% — less than $1000
TRUMP accounted for almost 50% of all meme coin turnover on CEX
After a local high of $16, the price rolled back to $14, but the asset still shows +70% over the week.
In the US Senate, the gala dinner has already caused a political outcry, and the meme economy continues to influence the real agenda.