Trump Dinner Plan Sends $TRUMP Coin, Cap, & Volume Up

The announcement of holding two special events for its top investors in the $TRUMP coin has significantly backed the price in the past 24 hours and as of writing it was exchanging hands at $11.66 with a sudden addition of 25%.

Source: CoinMarketCap

However in the weekly time frame prices of Official Trump coins are up by 49% and press time market cap was $2.33 billion with a surge of 27.52% and trading volume registered a staggering surge of 510.47%.

The announcement of dinner seems to be a tactic to lure more investors

According to a poster available on the website of Official Trump, President Donald J. Trump is known as the “Crypto President!” and the president is holding a dinner party for his investors at his private club in Washington, D.C.

Market experts see this move of the president and his advisory as a marketing tactic which has pushed the $TRUMP coin to a new weekly milestone.

The date of dinner is May 22, 2025 , Black ties are optional at the dinner party with Mr. Trump; the offer is valid for 220 top holders of Official Trump coin holders

The poster on the website has bolded the information that, “ The Top 25 $TRUMP Meme Coin Holders on the leaderboard will enjoy a Private VIP Reception with President TRUMP and separately by us to a Special VIP TOUR.”

With this announcement and bullishness in $TRUMP prices, Official Melania Meme price has registered a correction of 4.23% but is still trading below the mark of $1.00.

Memecoin market growth remains slow

Until publishing, the market cap of all memecoins is $52.33 billion, down by 3.51%, yet in the intraday frame, the volume grew by 44.04%, reaching $13.28 billion.

In terms of intraday growth in the memecoin category, the list has been topped by Jelly-My Jelly, MANEKI, ArbDOGE, Official Trump, Comedian, LUCE, and Test.

Renowned memecoins of the market like Dogecoin is down by 5.61% in the past 24 hours, Shiba Inu fell around 5.24%, Pepe lost 8.36%, BONK lost 10.43%, and Floki is down by 3.21%.

And the most visited memecoins in the past 24 hours are AIC, Official Trump, Pepe, Dogecoin, and Shiba Inu. After back-to-back failures in 2024, the memecoin market has faced severe criticism, which ultimately pulled the cap, volume, and on-chain activities to lower lows.

Crypto market price updates

Until publishing the crypto market capitalization was $2.89 trillion with a loss of 2.34% intraday, yet the fear and greed index has shown a sign of recovery and was 53 indicating neutrality

Bitcoin is down by 1.81% and trading at $92,323 and its market capitalization was $1.83 trillion with a loss of 1.91% and volume was 38.09 billion with a loss of 35.79%.