President Trump's official Solana meme coin, TRUMP, surged nearly 66% following the announcement that top holders will be invited to an exclusive dinner. The coin jumped from $9.30 to a peak of $14.72 in about an hour, marking its highest price since early March, according to CoinGecko data. This surge reflects not only the growing popularity of meme coins but also their intersection with significant political events, as the former president continues to leverage his influence in the crypto space. The announcement of the dinner serves as a new incentive for investors and reflects a notable moment in the evolving landscape of digital currencies and their perceived value tied to celebrity endorsements. This incident highlights how meme coins can respond dramatically to news and events, expanding their markets dynamically. As the cryptocurrency market shows signs of volatility, Trump’s coin serves as a potent example of how quickly fortunes can change in this digital asset class, emphasizing the speculative nature of meme coins in today's financial environment.

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