Nearly two dozen crypto wallets acquired more than 100,000 $TRUMP meme coins, worth roughly $100 million, after the team said top buyers could join the president for dinner.

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

The value of Trump’s meme coin has seen a huge value increase as he prepares to host two special events for its top investors. Crypto trading platform Coinbase revealed that ‘$Trump’ soared after he announced that 220 of its biggest holders will be invited to a private gala dinner on May 22.