Trump Memecoin increased by 12% in the 24 hours leading up to the Gala dinner.

Trump's Memecoin (TRUMP) is surging, rising nearly 12% in the past 24 hours, currently trading at $14.25. Its market capitalization has reached $2.85 billion and trading volume has exploded to $1.83 billion, thanks to all the chatter surrounding Trump's upcoming Dinner.

The sudden price increase occurred just before Trump's hyped Gala Dinner, where top coin holders will meet him in person. Naturally, the buzz is causing the coin to soar. This event, scheduled for May 22 at Trump National Golf Club in Potomac Falls, Virginia, is the promised reward from last month for top coin holders. Back in April, Trump announced that 220 top $TRUMP holders would be invited to a live meeting. Now, that promise is about to become a reality. According to the email sent to invitees, the dinner will begin with arrivals from 5:30 PM, followed by dinner at 7 PM and may last until 10 PM. The evening requires formal attire and all guests must complete a background check before attending. The identities of most top holders remain aliases, but some have publicly confirmed their attendance. Justin Sun, the founder of the Tron blockchain and self-proclaimed billionaire, is one of them. "As a top holder of $TRUMP, I am very pleased to connect with everyone, talk about cryptocurrency, and discuss the future of our industry," Sun shared on X. An advertising email for the event describes it as "a once-in-a-lifetime memorable evening with the 47th President of the United States, Donald J. Trump." With an excited mindset and soaring trading volume, TRUMP continues to prove that real-world events and real names can drive the growth of memecoin.