Trump Meme Coin Soars After Exclusive Dinner Announcement with Donald Trump
Following President Donald Trump’s announcement of an upcoming dinner with the top 220 TRUMP token holders, the Trump meme coin experienced a significant rally.
According to the developers of the Trump meme currency, an exclusive dinner with President Trump will be held on May 22, 2025, at the Trump National Club in Washington, D.C. The event is reserved for the top 220 token holders.
The official website states:
"220 Special TRUMP Meme Coin Holders will be invited to an unforgettable Gala DINNER with the President on May 22, 2025."
Additionally, the top 25 holders will receive a VIP reception at the White House and a private meeting with the President. Eligible participants will be determined based on their holdings between now and May 12, with the top 220 selected thereafter.
The team also announced as 90-day extension to the token’s original unlocking schedule, adjusting the daily release timeline accordingly.
Following the announcement, the price of Trump surged over 50%, jumping from $9.19 to $13.53, effectively reversing last month’s losses.
According to data from Lookonchain, shortly after the news, a major investor (whale) purchased 407,467 TRUMP tokens for $5 million, and within 30 minutes, converted them into USDC, netting a profit of $731,800.