The token’s market cap crossed $2.4 billion on Wednesday night, a nearly 30% jump from the previous day following the dinner announcement.

The value of President Donald Trump’s meme coin soared Wednesday after a website promoting it announced that some holders of the coin would receive an invitation to a private dinner with Trump – in a stark illustration of his family’s drive to profit off cryptocurrency while he serves in the White House.

President Trump will attend a dinner next month with the top holders of his meme coin, the token’s official website announced Wednesday.  The dinner with the president will be available to the top