Trump, meme coin
Digest more
4hon MSN
It seems like a triumph for a cryptocurrency industry that has long sought mainstream acceptance: Top investors in one of President Donald Trump ’s crypto projects invited to dine with him at his luxury golf club in Northern Virginia on the heels of the Senate advancing key pro-crypto legislation and while bitcoin prices soar.
Donald Trump crypto dinner to take place on May 22, 2025, for the top 220 TRUMP meme coin holders. Here’s what to expect.
Around January 17th or 18th, 2025, just a blink before Trump might have (hypothetically) kicked off a second term, the “Official $TRUMP” meme coin launched on the Solana network, and boy, did it grab attention. Trump himself hyped it on his X and Truth Social pages, billing it as the one true “official Trump meme.”
Most of the crypto investors who bought Trump’s meme coin for a chance at dinner with the president remain anonymous. Some are publicly celebrating their invitation.
The Trump coin price has surged by 10% today, but could the dinner President Trump is holding tomorrow send it even higher?
Trump’s family controls World Liberty Financial, the crypto firm behind USD1—a new stablecoin now trading on KuCoin.
Bitcoin’s value broke the $100,000 mark for the first time in early December and moved even higher later in the month before pricing eased a bit. The digital token ended 2024 up over 100% for the year, with about half that gain realized after President Donald Trump‘s election victory in early November.
The Senate is advancing crypto-friendly legislation the same week Trump hosts a dinner for buyers of his meme coin.