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Trump crypto soars as president offers dinner to top holders


The meme coin's website says its 220 top investors will be invited to a gala event with the president.

The price of Donald Trump's cryptocurrency has soared after the US president promised to host two special events for its top investors. Meme coins are often used by speculators to make money or to allow fans to show support to a celebrity or moment in internet culture. Shortly after returning to the White House this year, Trump signed an executive order to create a presidential working group tasked with proposing new crypto laws and regulations.

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