{"id":23454,"date":"2025-04-23T18:46:55","date_gmt":"2025-04-23T18:46:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23454"},"modified":"2025-04-23T18:46:55","modified_gmt":"2025-04-23T18:46:55","slug":"trump-coin-jumps-70-on-presidents-dinner-event-for-top-token-holders","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23454","title":{"rendered":"TRUMP Coin Jumps 70% on President&#8217;s Dinner Event for Top Token Holders"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.coindesk.com\/price\/trump\">TRUMP<\/a>, marketed as Donald Trump&#8217;s official crypto token, rallied on Wednesday as an invitation to a dinner event with the U.S. President for token holders appeared on the project&#8217;s website.<\/p>\n<p>&#8220;Join President Donald J. Trump at his Private, Members-Only Club in Washington, D.C. for Dinner!,&#8221; a banner about the event on the project&#8217;s <a href=\"https:\/\/gettrumpmemes.com\/\">website<\/a> said.<\/p>\n<p>The invite is targeted for the 220 largest token holders, per the event&#8217;s <a href=\"https:\/\/trumpdinner.gettrumpmemes.com\/\">website<\/a>.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/648f36a9d8e123040fd7d70a6448a48dbc3a4741-1884x1032.png?auto=format\" alt=\"Webpage for the TRUMP Dinner (GetTrumpMemes.com)\" title=\"Webpage for the TRUMP Dinner (GetTrumpMemes.com)\"><\/p>\n<p>The token surged over 70% following the news briefly hitting $16, its strongest price since early March. Later it retraced to below $13, still up 43% over the past 24 hours.<\/p>\n<p>The event, notably, comes after $300 million worth of previously locked-up TRUMP tokens were added to circulation on April 18, according to Tokenomist data. Some 75% of all existing tokens are still locked up, with the next unlock coming up in July increasing the supply by over $600 million of coins.<\/p>\n<p>The TRUMP token, launched only days before Donald Trump&#8217;s presidential inauguration on January 20, was met with industry-wide backlash for capitalizing on the attention and Trump&#8217;s public office and heavy allocations to insiders. <\/p>\n<p>The launch also marked the peak in speculative froth on crypto markets. Bitcoin (BTC) declined over 30% from <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/20\/bitcoin-surges-to-109-k-hits-record-high-ahead-of-donald-trumps-inauguration\">record prices<\/a> in the following weeks, while many smaller, more speculative cryptocurrencies suffered 80%-90% drawdowns.<\/p>\n<p>Despite today&#8217;s rally, TRUMP coin still trades more than 80% below its January 19 record price of $73.<\/p>\n<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/tech\/2025\/01\/22\/trump-coin-s-biggest-critics-are-crypto-industry-insiders\">TRUMP Coin&#8217;s Biggest Critics Are Crypto Industry Insiders<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TRUMP, marketed as Donald Trump&#8217;s official crypto token, rallied on Wednesday as an invitation to a dinner event with the U.S. President for token holders appeared on the project&#8217;s website. &#8220;Join President Donald J. Trump at his Private, Members-Only Club in Washington, D.C. for Dinner!,&#8221; a banner about the event on the project&#8217;s website said. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23454","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23454"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23454\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}