By Gloria Nosa
A meme coin associated with former U.S. President Donald Trump saw its value skyrocket by 50% in just 24 hours, fueled by a new wave of investor enthusiasm sparked by an unexpected announcement: top token holders will be eligible for an exclusive gala dinner and VIP tour.
The surge followed a social media campaign by the coin’s promoters, who teased luxury perks for top-tier investors, including a red-carpet gala and a private tour at a yet-to-be-disclosed Trump-branded property. The news triggered a buying frenzy across crypto communities, with traders speculating on the coin’s potential as both a novelty asset and a ticket to elite experiences.
While Trump himself has not officially endorsed the coin, its branding and promotional language strongly allude to his image and persona — a strategy that has been effective in tapping into both meme culture and the political crypto niche.
Crypto analysts remain divided on the token’s long-term viability, with some cautioning that the hype may be short-lived. Others, however, note that in the world of meme coins, virality and community engagement often matter more than fundamentals.
As of now, the coin continues to trend on platforms like X (formerly Twitter) and Reddit, with investors closely watching for more details about the promised events.