Trump’s Meme Coin Soars as Top Holders Receive Exclusive Dinner Invite with Former President
April 24, 2025 — The crypto market is buzzing after a surprise announcement sent Donald Trump’s meme coin, $TRUMP, surging over 60% in a single day. The spike came after it was revealed that the top 220 holders of the token will be invited to an exclusive gala dinner with the former president at Trump National Golf Club near Washington, D.C., on May 22.
Billed as “the most exclusive invitation in the world,” the dinner promises direct access to Trump and has reignited investor interest in the volatile token. $TRUMP's price skyrocketed from around $6.50 to over $16 within 24 hours—an impressive rebound after weeks of stagnation, though still far below its all-time high of $75 reached shortly after its January 2025 launch and Trump's inauguration.
Adding to the frenzy, the top 25 holders will receive extra perks, including a VIP reception and a behind-the-scenes experience. While early reports mentioned a White House tour, the event organizers have since clarified it will be a "special VIP tour" at a separate, undisclosed location. Trump is expected to speak about his evolving stance on cryptocurrency and share his vision for the digital economy—an unexpected turn from his earlier skepticism of digital assets.
Launched just days before Trump re-entered the political stage, the $TRUMP coin now boasts a market capitalization of approximately $2.5 billion. However, nearly 80% of the total token supply is reportedly controlled by entities tied to the Trump Organization, prompting concerns about centralized control, limited liquidity, and potential market manipulation.
Critics argue the event is a promotional tactic aimed at inflating the token’s price and attracting new retail investors. The leaderboard ranking the largest $TRUMP holders u$pdates hourly, fueling fierce competition among crypto enthusiasts vying for a seat at the table.
