The meme coin market is heating up, this time thanks to the pro-crypto U.S. president.
President Trump is hosting a blockchain-hosted gala dinner on May 22 at Trump National, his exclusive club outside Washington, D.C. But this isn’t your usual fundraiser. Instead of paying with dollars, guests will earn their seat based on how many TRUMP tokens they hold.
This comes shortly after a jaw-dropping $1.5 million-per-plate fundraiser hosted by MAGA Inc. on Monday. The event, titled “Crypto & AI Innovators Dinner,” featured major names in tech and finance, including David Sacks. With crypto now front and center in U.S. politics, several meme coins are riding the momentum and could see bullish action leading up to Trump’s token-based dinner.
TRUMP (Official Trump Token)
Launched just days before Donald Trump’s 2025 inauguration, TRUMP is leading the political crypto pack. But it’s more than just a meme; holding TRUMP now is your ticket to dinner with a president. The top 220 holders will score invites to an exclusive dinner, and the contest, run by the creators of the token, ends on May 12. Although TRUMP is down 23% this past week, the upcoming dinner could spark a rally that pushes it past its all-time high of $75.35.
MAGA (MAGA) & MAGA (TRUMP)
Inspired by Trump’s famous ‘Make America Great Again’ slogan, two meme coins, MAGA (MAGA) and MAGA (TRUMP), have carved out a space in the world of politically themed crypto. Even though their names are similar, they’re separate tokens that both launched in August 2023 on the Ethereum network. Right now, MAGA (MAGA) is trading at about $0.00001151, while MAGA (TRUMP) is sitting much higher at around $0.1875. With pro-Trump energy building again, both coins could see more attention as the political buzz picks up.
Dogecoin (DOGE)
Dogecoin remains the king of meme coins even without direct ties to Trump. Loved by Elon Musk and backed by a loyal community, DOGE boasts a market cap of $27 billion. DOGE is down 3.11% over the last 24 hours and 7.77% over the past week, to now be priced at $0.1657. Still, with all the political crypto hype flying around, Dogecoin could get a boost just from being part of the meme coin conversation.
PEPE (PEPE)
The frog-themed Ethereum-based meme coin PEPE continues to make waves, especially when political hype is in the air. It’s down 14.19% this week and 4% over the past 24 hours, but PEPE is no stranger to explosive moves during trend-driven surges. It hit an all-time high of $0.00002825 in December 2024 and is currently sitting at about $0.0000076. According to Coincodex, the price of Pepe Coin is predicted to rise by 226.48% and reach $0.00002600 by June 3, 2025, even though its growth is limited to its lack of consistent development and real-world use cases.