$TRUMP President Donald Trump has announced an exclusive event for the top holders of his memecoin TRUMP, offering a private dinner at his golf club in Washington, D.C., on May 22nd.

The initiative is part of a competition in which the 220 largest holders of the coin will be invited to the gala, while the top 25 investors will have access to a VIP reception with Trump before the dinner⁽²⁾. The news has generated a strong impact on the market, driving the price of the TRUMP token from $9.24 to $14.37 in a matter of hours.

To participate, interested parties must register their wallets and hold as much TRUMP as possible between April 23rd and May 12th. The ranking will be updated in real-time, and winners will be selected based on their average holdings during this period.

The event has generated controversy, with critics pointing out that it could be a strategy to link politics with the crypto market. However, Trump has defended the initiative as a way to promote cryptocurrency adoption in his administration.

What do you think, could it be a strategy to link politics with the crypto market or is it just a simple initiative to promote cryptocurrency adoption in his administration?