The price of Donald Trump’s cryptocurrency has soared after the US president promised to host two special events for its top investors.
The website for the $Trump meme coin says its 220 biggest holders will be invited to a private gala dinner with the president on 22 May, describing it as the “most EXCLUSIVE INVITATION in the world,” News.Az reports, citing BBC.
According to crypto trading platform Coinbase, $Trump jumped by more than 70% after the announcement. But it remains well below the record high of more than $74 (£42.40) reached shortly after its launch in January.
The digital currency is one of several crypto-related ventures launched by businesses linked to Trump, who has called himself the “crypto president”.
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Trump meme coin surges after special event offer to top investors – Latest news from Azerbaijan
