Trump organizes an exclusive dinner for the largest token holders
Not long ago, the OFFICIAL TRUMP memecoin – known by the symbol $TRUMP – was struggling to gain traction. After flirting with an 8 billion dollar market capitalization, the token seemed doomed to join the crypto graveyard of abandoned projects. But that was without counting on the instincts of its godfather, Donald Trump, who, as a political strategist and businessman skilled in the art of spectacle, decided to breathe new life into his crypto with a red carpet and candles.
All it took was a dinner. But not just any dinner. By announcing a gala evening reserved for the 220 largest holders of $TRUMP, Donald Trump, author of a global economic chaos, created a ripple effect in the crypto microcosm. What was the promise? A meal served at the Trump National Golf Club, in the company of the president himself, with no guests or exceptions allowed. A concept worthy of reality TV, but it paid off.
Because the effect was swift: the $TRUMP token skyrocketed more than 70% in 24 hours, going from 9.3 $ to over 16 dollars, before dropping to around 13 dollars. "The most exclusive dinner in the world," declared the promotional page – evidently, that was enough to whet investors' appetites.
And for the top 25 in the ranking? A private reception and a special visit with the president.
A promotional prize, but also a showcase of Trump’s strategy: turning the memecoin into a soft power weapon in his political comeback. As Reuters noted:
"The Trump family has recently multiplied incursions into the crypto universe, generating hundreds of millions of dollars in fees."
The event scheduled for May 22 in Washington presents itself as the final play to stabilize the dynamics of the memecoin. "This type of evening represents a new way to bond with investors in a world where speculation has become emotional," analyzes an industry observer.