According to TheBlock, Kaiko's latest report shows that news that front row holders of TRUMP Meme coins may win VIP dinner qualifications and even meet with the president has caused a surge in token trading activity, with the TRUMP token price soaring 60% in a single-day price ($9 to $1.4.5%). With as much as $2.4 billion in on-chain transfers, on-chain activity surged by 200%, and also hitting the highest daily trading volume of CEX since mid-February. Kaiko pointed out that while Trump is challenging the claim that “Meme coins are worthless”, the move has also sparked controversy. Both political opponents and moral advocates have questioned the president’s practice of providing exclusive access to those who buy their Meme coins. Kaiko predicts that while current trading volume has fallen from its peak, it may surge again in the coming weeks: “As the activity deadline approaches, holders are expected to trigger a new round of activity.”