The price of the meme coin sharply rose after the news that the 220 largest holders will receive an exclusive dinner with former President Donald Trump. The event, scheduled for May 22 at Trump's golf club near Washington, D.C., is called "the most exclusive invitation in the world," which caused the coin's value to jump more than 60% in one day—from $6.50 to over $16. However, this is still significantly lower than its all-time high of $75, reached shortly after its launch in January 2025. The top 25 holders will receive additional perks, such as a private VIP meeting and a special tour. Critics argue that the dinner is just a ploy to boost the coin's price, especially considering that 80% of the supply is controlled by groups linked to Trump, raising concerns about market manipulation. This is not Trump's first crypto move—his family has been involved in other meme coins and crypto projects. The announcement has generated excitement among investors to buy more to secure a spot at the dinner, but it has also raised ethical questions about the intersection of politics and cryptocurrency.