Nigeria, April 26 -- In a headline-grabbing fusion of politics and cryptocurrency, Donald Trump's latest digital asset venture has stirred controversy-and profit.

Within just 48 hours of announcing a high-profile dinner contest tied to his personal memecoin, $TRUMP, insiders reportedly generated close to $900,000 in trading fees, according to blockchain analytics firm Chainalysis.

The dramatic spike in revenue was triggered by a promotional campaign unveiled Wednesday, promising the top 220 holders of the $TRUMP coin an exclusive dinner with the former president. The event, scheduled for May 22 at Trump's private Washington-area club, includes a black-tie optional reception and a VIP tour of the White House the following day. A live lea...