According to an announcement on the Trump Coin ($TRUMP ) official website on April 23, 2025, the project will invite the top 220 TRUMP Coin holders to a private dinner scheduled for May 22 at the Trump National Golf Club in Washington, D.C. The announcement calls this "the most exclusive invitation in the world." Going further, the top 25 holders will also receive "an ultra-exclusive VIP reception with the President" and a "VIP White House tour" the next day (according to CNBC). #TRUMP晚宴
The immediate purpose of this dinner is obvious:
Stimulate the price of the coin. By providing a "scarce opportunity" to contact the president as a reward, the market is directly incentivized to buy and hold $TRUMP, thereby pushing up its price. Use Trump's presidential status for viral marketing to increase the popularity of the token.
The impact of delayed "unlocking". Just when the market expected that a large number of internally held tokens would be unlocked soon, the project announced that the unlocking time would be postponed by 90 days. The dinner announcement was timely, effectively hedging the potential selling pressure and further pushing up the price. This led to speculation that the move was intended to allow insiders holding a large number of locked tokens (allegedly including the Trump Organization and related entities) to cash out at a higher price in the future.
Will Trump attend? How will the White House respond?
Although the invitation clearly promises "dinner with the president" and "VIP reception with the president", it does not guarantee that Trump will attend all the events as advertised. Past experience shows that such marketing activities involving celebrities sometimes have variables.
For example, at the previous crypto summit, Trump said he was attending for the first time, which pushed up the price of the currency. But he was disappointed that he only attended for 5 minutes, and the price of the currency immediately cooled down.
"I probably won't be able to go, but luckily Trump probably won't be able to go either."
In response to questions about conflicts of interest raised by such activities, the White House usually responds that the president's assets have been entrusted to a trust fund managed by his children, so there is no direct conflict of interest. They tend to define such activities as matters that are unrelated to official government actions and belong to Trump's personal or family business/politics. However, this separation has not calmed the outside world's concerns that he is using his presidential status and influence to promote business, and may even affect related policies (such as cryptocurrency regulation).
Social Evaluation
So, it's really amazing. You can say he is the first crypto president, or you can say he is the first president to use his presidency to make money.
(The Guardian) accused the Trumps of a "shameful" conflict of interest. Tony Carrk, executive director of the non-partisan watchdog group Accountable.US, said it was a "competition to abuse power for personal gain," saying "never before has a president used his office so blatantly to make money for himself."
Corey Frayer, former head of SEC crypto policy in the Biden administration, criticized the move as "unbelievable" and a blatant "power-for-money transaction."
A Leng's analysis of TRUMP coin
Stimulated by the news, TRUMP once surged from $9.1 to $16, with the maximum increase of 76%.
As the news was digested, the price of the coin showed a state of rising and falling. There is no doubt that the current TRUMP coin has been given short-term value attributes. If you want to buy TRUMP coins in the future, you can consider buying them around 10.6, which is supported by the bullish Gartley and the revised four-hour EMA30. I believe there will be a good return.
