The coin’s value jumped more than 50% after its website said Trump would have dinner with the top 200 holders.

Despite once bashing cryptocurrencies as “highly volatile and based on thin air,” Trump launched his memecoin in January. The project has netted him $350 million, a Financial

The value of ‘$Trump,’ President Donald Trump’s meme coin, has seen a huge value increase as he prepares to host two special events for its top investors. Crypto trading platform Coinbase revealed that ‘$Trump’ soared by 70% after he announced that 220 of its biggest holders would be given the chance to attend a private gala dinner with him.