U.S. President Donald Trump is set to host an exclusive Gala Dinner for the top 220 holders of the $TRUMP coin, triggering a sharp rally in the meme token’s value, which soared over 70% within 24 hours.
The high-profile, invitation-only event is scheduled for May 22 at the Trump National Golf Club, according to a dedicated event webpage discovered by the $TRUMP community on the project’s website. The page, originally under construction, has now confirmed the event’s legitimacy and key details.
Wallet Verification Required for Entry
Only the top 220 wallets holding $TRUMP will receive invitations. Interested holders must connect their wallets via trumpdinner.gettrumpmemes.com to verify eligibility and complete registration.
Each invitation is tied to a single wallet, and no plus-ones or guests are allowed. Attendees must also fund their travel, accommodation, and other related expenses, as the dinner invitation only covers entry to the exclusive event.
Given the presence of the former president, the gathering will implement strict security measures, including background checks and wallet compliance verification.
Token Price Surges on Dinner News
News of the dinner caused a massive spike in the $TRUMP token price, which surged from $9.30 to a high of $16, a 70 %+ rally, according to CoinGecko data. As of press time, the token was trading above $13, maintaining a 50% gain in 24 hours.
The $TRUMP coin, also known as Official Trump, was launched two days before Trump’s inauguration. The token once achieved a staggering $8 billion market cap, although it later dropped significantly before rebounding to its current value of $2.7 billion.
Criticism Over Legitimacy and Oversight
Despite the buzz surrounding the event, the project has drawn skepticism from parts of the crypto community and regulatory observers, with concerns about the lack of oversight, potential financial risks, and the token’s speculative nature.
Nevertheless, the promise of a one-on-one dinner with Donald Trump has ignited renewed enthusiasm among holders and speculators.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions.
