As of April 25, 2025, the Trump team announced that the "TRUMP DINNER" gala will be held on May 22 in Washington, D.C., inviting the top 220 holders of TRUMP tokens by amount held, with the top 25 enjoying VIP treatment and special White House tour qualifications. Participants must pass a background check and wallet compliance review, expenses are self-funded, and Trump may be absent, with limited edition NFTs distributed as a substitute.
This news directly stimulated a short-term surge in TRUMP token prices by over 33%, reaching a peak of $14.37, with trading volume skyrocketing to $3.37 billion. However, there are significant speculative behaviors in the market: some whales made a profit of $730,000 through short-term buying and selling within 30 minutes, while the tokens are highly concentrated (the top 10 addresses control 82%) and the project team retains 80% of the unlocked tokens, raising concerns about a sell-off.
This event continues Trump's strategy of "political meme-ification," combining NFT marketing (such as previously purchasing 47 NFTs to qualify for the gala), driving short-term hype in token prices and market attention, but long-term value is constrained by token unlocking pressure and lack of actual application scenarios. Democrats criticize it as "disguised political donations," and compliance risks and regulatory uncertainties remain.