Donald Trump's private dinner with top holders of his $TRUMP memecoin has caused a stir in the cryptocurrency market. Here's what's happening ¹ ²:
- *Dinner Details*: The dinner is scheduled for May 22 at the Trump National Golf Club in Washington, D.C., and will feature President Trump discussing the future of cryptocurrency.
- *Who's Invited*: The top 220 holders of the $TRUMP token, as determined by their average holdings between April 23 and May 12, will receive an exclusive invitation. The top 25 holders will also enjoy a private VIP reception with Trump and a behind-the-scenes tour.
- *Token Surge*: The announcement led to a significant surge in the token's value, with prices jumping over 50% to around $13.13. The token had previously plummeted 88% from its peak but seems to be gaining new life.
- *Market Impact*: The event has sparked excitement among Trump supporters, who are eager to meet him and learn about his plans for cryptocurrency. However, some critics have raised concerns about the token's legitimacy and potential conflict of interest.
*Competition Rules:*
- *Leaderboard*: A public leaderboard will track the top holders in real-time, updating hourly.
- *Eligibility*: Participants must connect their crypto wallets and provide personal details, including full legal name, email, and phone number, and undergo a background check.
- *No Plus Ones*: Invitees cannot bring guests, and the invitation is non-transferable ³.