Meme coins in cryptocurrency often lack intrinsic value but the Trump meme coin has been uniquely commercialized by the Trump family. Since its launch, it has raised over $320 million in fees. The latest promotion includes a dinner event allowing buyers to access Trump directly, incentivizing high participation through rewards for top coin holders. This demonstrates how meme coins can blend financial gain with political influence, creating a profitable venture that leverages celebrity and cryptocurrency.
Let the President know how many $TRUMP coins YOU own!" the meme coin said on its website promoting the dinner.
Trading activity in the meme coin jumped after the dinner was first announced and the price rose as well.
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