False.

While the invitation to 220 Trump Coin holders for a dinner with President Trump may cause a temporary spike in the coin's value due to hype, it's not guaranteed that Trump Coin will reach $100 by May 12th. Cryptocurrency prices are highly volatile and influenced by numerous factors, including market sentiment, news events, and overall market conditions.

A single event, even one as high-profile as this dinner, is unlikely to lead to such a large and sustained price jump unless backed by substantial demand or additional positive catalysts. While it's possible for the price to rise in anticipation of the event, it's also important to consider market corrections, investor sentiment, and the overall crypto market trend.