Following President Trump's announcement of his forthcoming dinner with top 220 holders, Trump meme coin rallies
The group behind the Trump meme currency said that token holders will be having dinner with President Donald Trump.
Set on May 22, the meal is exclusively qualified for the top 220 Trump holders.
After the news, Trump rose almost fifty percent.
After the developers behind the meme currency revealed intentions for their top 220 token holders to attend dinner with President Donald Trump in May, official Trump (Trump) soared 50% on Wednesday. The statement also includes an extra ninety-day prolongation of the token's initial unlocking schedule.
Trump token soars after dinner arrangements for token holders
On its website, the developers behind the Trump meme currency revealed an exclusive dinner with President Trump along with top 220 token holders. May 22 is the dinner date; the Trump National Club in Washington, DC will host it.
The statement on the Trump MEME website says, " 220 Special $TRUMP Meme Coin Holders will be invited to an unforgettable Gala DINNER with the President on May 22, 2025".
The top 25 token holders will also be visited the White House and have a special VIP reception with the President according to the website. After Wednesday until May 12, the basis for selecting qualified applicants will be possessing Trump tokens; top holders will then be chosen.
The team also said it will add an extra 90 days to stretch original plans for its token unlock and the three-month daily unlocking timetable.
After the declaration, Trump surged over 50% to indicate that investors are starting to fight for a table at the banquet. Erasing prior month losses, Trump surged from $9.19 before the statement to $13.53 at publishing time.
Following the dinner announcement, a whale purchased 407,467Trump for $5 million according to Lookonchain statistics. Thirty minutes later the whale turned the bought Trump into USDC, earning $731,800.
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