President Trump’s Solana meme coin, TRUMP, skyrocketed in value by nearly 66% following the announcement of an exclusive dinner for the top 220 holders of the token. The price surged from approximately $9.30 to $14.72, marking the highest level for the token since early March. The dinner will take place on May 22 at Trump National Golf Club in Washington D.C., with users needing to register and meet certain criteria related to their token holdings. Currently, being ranked within the top 220 holders requires significant holdings of over $362,000 worth of TRUMP. The trading volume for TRUMP reached over $295 million within 24 hours, significantly higher than competing tokens. The TRUMP token has seen fluctuations since its launch, with major price movements and ownership withdrawals by the project's creators raising concerns about potential downtrends. Despite this, the news of the dinner provided a substantial price boost for the token, which has been closely monitored by traders and analysts alike.

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