On May 22, 2023, a dinner event named 'TRUMP DINNER' will be held at the Trump National Golf Club in Washington, D.C. This dinner is organized by Fight Fight Fight LLC, and Trump will attend as a guest. The first 220 TRUMP token holders will be invited to the dinner, with the top 25 token holders enjoying a private VIP reception prior to the dinner and a special VIP tour of the White House the following day. Invitees must undergo a background check and KYC and compliance review of their wallets, and all attendees must bear their own costs. Furthermore, the official terms and conditions of TRUMP indicate that President Trump may be absent, and if the dinner is canceled or he is unable to attend, eligible TRUMP holders will receive a limited edition NFT as a substitute.

Here are the details regarding this dinner:

Dinner Background

The TRUMP meme coin was launched in December 2024, reaching a peak price of $74.59 at one point, but subsequently faced significant volatility, dropping to a low of $7.14 on April 7. On April 18, TRUMP unlocked 40 million tokens worth approximately $300 million, accounting for 20% of the circulating supply. On April 23, Trump's team announced a private dinner for large buyers of TRUMP tokens, and following the announcement, the price of TRUMP tokens soared, peaking at $14.37. As of April 24, TRUMP was priced at $12.37, a rise of over 33%. However, compared to the high of $75 at the beginning of the year, the current price is still in a significant pullback range.

Purpose and Impact of the Dinner

• Impact on TRUMP Tokens: The promotion of this dinner has greatly stimulated market demand for TRUMP tokens, driving their price to rise significantly in the short term, attracting more investor attention and participation, injecting new vitality and funds into the token market.

• Impact on Trump and His Team: On one hand, it further enhances Trump's influence and visibility in the cryptocurrency space, solidifying his image as the 'Cryptocurrency President' and adding momentum to his plans and developments in this field; on the other hand, it has sparked controversy regarding his use of power for personal gain and potential conflicts of interest.

• Impact on the Cryptocurrency Industry: As an event related to cryptocurrency hosted by the President of the United States, it has garnered widespread attention from the market and industry, once again putting cryptocurrency in the spotlight of public discourse and reflecting its influence and visibility in today's society.