The Trump meme coin surged over 50% on Wednesday after a new promotion promised dinner in Washington, D.C. with President Donald Trump for the token’s top 220 holders, according to CNBC. A VIP reception and White House tour were also announced for the top 25. The event sent the token’s market cap soaring over $2 billion, according to CoinMarketCap. The Trump coin launched in January with a rapid rise to a $15 billion market cap, signaling Trump’s embrace of crypto and driven by his promotions on Truth Social and X. It has since lost much of that value.