When Trump Hosts Dinner, Crypto Goes Bonkers—And You’ll Never Guess What Happened! 🍽️💸

Oh, the wondrous world of crypto! Just when you thought the madness might simmer down, along comes a dinner invitation from none other than Mr. Trump himself, and—zap!—the TRUMP meme coin rockets up by over 60%. Yes, you heard right: sixty percent! Apparently, a chance to munch with the former president and waltz through the White House had everyone scrambling like hungry seagulls at a chip shop.

Kaiko’s clever little report tells us that this price popcorn was just the start. Oh no—onchain activity soared a gobsmacking 200%! Investors puffed their chests and dived headfirst into the frenzy, fighting tooth and nail (well, mostly with digital wallets) to score a prime spot at Trump’s exclusive banquet.

Here’s the deal: the top 220 TRUMP token holders get to hobnob with the man himself, plus a tour of the White House—because nothing says “exclusive” like stuffing your face in the same room as a former president. Naturally, the news spread quicker than gossip in a small town, lighting a fire under those meme-coiners eager to pile on TRUMP tokens like kids grabbing the last slice of cake.

So what happened? A 60% price leap, naturally! The race was on to collect those shiny TRUMP tokens before the banquet doors slammed shut. Kaiko also spotted a gigantic surge in token shuffling—double the usual hustle—as wallets big and small scrambled like mad ants on a picnic blanket.

Graph showing TRUMP meme coin activity spike

Turns out, the busiest beavers were the smaller token holders, those with less than $100,000 in TRUMP tokens—still plenty of cheddar to make a fuss! Meanwhile, the big fish—exchanges, market makers, and other mysterious crypto creatures—kept their engines running smoothly behind the scenes, probably trying to untangle this whirlwind of frenzy without causing a mess.

And, oh dear, the crypto town criers have gone mad with debate. Some wag their fingers at this “Dinner Effect,” questioning if it’s a fishhook dangling too close to politics and finance. Others shrug and call it a brilliant marketing judo move—because in the wild, wild west of cryptocurrency, why not?

Read More

2025-04-28 23:19