Last updated: April 23, 2025 – 14:39 EDT
A surge of excitement has gripped the crypto world as former U.S. President Donald Trump announces an exclusive dinner for the top 220 holders of the TRUMP meme coin. The news has sparked a flurry of activity and driven a 64% spike in the token's value.
Set for May 22 at the prestigious Trump National Golf Club in Washington, D.C., the private dinner aims to reward the most loyal and high-ranking TRUMP holders. Described as an “intimate private” event, it will feature a personal address from Trump himself, focusing on the future of cryptocurrency.
Eligibility is determined by holding the highest average balance of TRUMP tokens between April 23 and May 12. A live leaderboard is now tracking real-time rankings, and advance registration is required for consideration.
> “Top $TRUMP Coin holders will have a private DINNER WITH PRESIDENT TRUMP on May 22nd at the BEAUTIFUL Trump National Club in Washington, D.C. It will be a night to remember!”
— @GetTrumpMemes, April 23, 2025
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The Race to Dine with Trump Intensifies
Organizers say, “The more TRUMP you hold—and the longer you hold it—the higher your ranking will be.” The announcement has ignited fierce competition as investors rush to accumulate tokens and secure a seat at the table.
The top 25 holders won’t just attend the dinner—they’ll be treated to a VIP reception with Trump and receive an exclusive “VIP White House tour” the next day, arranged by the project's team.
Marketed as “the most exclusive invitation in the world,” the campaign is open only to the top 220 TRUMP coin holders. The event site urges: “Let the president know how many $TRUMP coins YOU own.”
In an effort to maintain market stability and boost investor confidence, the project has also extended the lock-up period for its initial token release phase.
Originally launched just days before Trump’s most recent inauguration, the TRUMP coin reached a peak market cap of nearly $15 billion. Although it dipped to $2.63 billion, the dinner announcement has reignited interest. In just 24 hours, TRUMP jumped 64%, and trading volume exploded by over 300%, according to CoinMarketCap.
As of now, the coin trades at $14.18, pushing its market cap to $2.84 billion—a strong comeback for a token known for its wild price swings.
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Token Unlock Sparks Volatility Concerns
Despite the recent rally, TRUMP faces headwinds. On April 18, the first major token unlock went live, releasing 40 million tokens—worth around $309 million—into the market at a steep 90% discount from their peak.
This “cliff” unlock, which represents 20% of the total supply, may fuel short-term volatility. Additional unlocks are scheduled in the days ahead, with nearly 493,000 tokens released daily from April 19 to 21.
Crypto analysts remain cautious. “The liquidity is thinner in this range… still tons of support to the sub $10 downside,” noted @clobr_io on X.
Analysis platform CLOBr highlighted that while the current trading range lacks strong support, the token does have solid backing below $10—suggesting volatility will likely remain elevated.
Meanwhile, the Trump family continues expanding its digital asset footprint, with significant holdings in NFTs and memecoins managed through entities like CIC Digital LLC and Fight Fight Fight LLC.
