President Trump's Solana meme coin, dubbed TRUMP, experienced an 18% drop in value after a surge sparked by an exclusive dinner offer for top holders of the coin. The price fell from around $14.72 to approximately $11.81 over a 24-hour period. This spike occurred after the GetTrumpMemes team announced that the top 220 holders would be invited to a dinner in Washington D.C. next month. Despite the recent decline, TRUMP is still up 58% over the past week, although it remains down 84% from its all-time high of over $73 set in January. Trading volume increased significantly during the announcement, peaking at over $295 million, marking the highest activity for the coin since early March. Additionally, holders may gain access to a private VIP reception, further driving interest among traders and investors.

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