Trump boosts own memecoin 40%

President Donald Trump being accused of manipulating crypto prices is not really news, but this time it was particularly striking. After various media (including us) reported earlier this week that his ‘Official Trump’ memecoin had dropped to an unprecedented low level, the US president announced that he would once again host a gala dinner at Mar-a-Lago for all major investors if said coin. ‘Official Trump’ surged 40% in just 24 hours as a result.

$TRUMP surged 32.6% after reports that top holders of Official Trump may be invited to a Mar-a-Lago luncheon with Donald Trump.

At the same time, an airdrop is being conducted — adding another incentive layer.

Project: Official Trump
Ticker: $TRUMP

More details →… pic.twitter.com/Z7UCOkhysJ

— Mayli Ayutiya (@mayliayutiyaaa) March 13, 2026

Bear market

On October 6 last year, Bitcoin reached an all-time high of $126,000. Four days later, President Donald Trump sent a message out to the world on social media: he was considering imposing tariffs on China again, of as much as 100%.

Bitcoin immediately fell by about 15%, causing the largest liquidation ever among crypto investors who all believed that the largest digital currency could only go higher. This set off 6 months of decline, a period known as ‘crypto winter’.

Trump was, as is often the case, was accused of market manipulation, but since the American President is the most powerful man in the world, no investigation came of it.

Yesterday, Trump subtly pulled this trick all over again. After his own Trump memecoin had dropped to its lowest level ever, a message was posted on social media promising a gala dinner to the 300 largest investors in his memecoin. A day later, that same Trump memecoin has risen by some 40%.