The price of the TRUMP meme coin has skyrocketed in recent days. Over the past week alone, it surged by an impressive 68.9%, and over the past month, it added another 9.9%. This unexpected boom comes as large investors ("whales") are buying millions worth of tokens — all for a unique opportunity: an exclusive dinner with Donald Trump.
According to on-chain data, a newly created wallet recently withdrew 150,100 TRUMP tokens directly from Binance. This massive purchase shows that investors are willing to dig deep to secure their seat at this elite event.
Dinner with Trump: An Elite Club for Top Holders
The analytics platform Lookonchain highlighted this significant token transfer, linking it to the upcoming dinner event. The dinner is exclusively reserved for the top 25 holders of TRUMP tokens, who will receive a personal invitation to a private reception with the former president.
To make it into this elite group, one must hold tokens worth several million dollars. For instance, TRON founder Justin Sun currently holds the top spot with 1,176,803 TRUMP tokens valued at approximately $14.32 million. Other potential guests include users nicknamed MeCo and CASE, who also hold massive amounts of tokens.
The ranking also tracks a metric called time-weighted holdings — the longer you've held the tokens, the higher your rank. In this metric as well, Justin Sun holds a dominant lead.
TRUMP Price Soars: Whale Activity Boosts the Market
In the past 24 hours alone, TRUMP's price has jumped by nearly 9%, fueled by whales actively buying up the token. The event itself is promoted as “the most exclusive invitation in the world”, specifically targeting the top 220 holders of TRUMP meme coins.
Those lucky enough to be selected will not only attend an intimate private dinner where Donald Trump will share his vision for the future of cryptocurrencies, but they'll also participate in an exclusive VIP reception and a special city tour. To enjoy the full experience, participants are advised to stay in town for a few days.
Adding more fuel to the fire, Donald Trump recently suggested that “now is a great time to buy the dip”, further boosting the buying frenzy around TRUMP tokens.
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