President Trump’s meme coin, $TRUMP, has reportedly surged by 50%. This happened after its official website and X account announced that the token’s top 220 holders would be invited to an exclusive gala dinner with the president in Washington, DC, next month. “Have Dinner in Washington, D.C. With President Trump,” the invitation message on the front page of the Trump coin’s website read. This announcement sent $TRUMP briefly jumping over 70% before settling at $13.30, CoinDesk reports. The site also claims that these token holders will also get a “VIP White House Tour” on the day following the dinner. Despite the rally, the coin remains far below its January high near $75 ahead of Inauguration Day.
Trump meme coin holders dinner at the White House: What we know so far
According to the meme coin’s website, the gala dinner is set for May 22 at Trump’s golf club just outside Washington. The site also notes that the coin’s top 25 holders will be invited to a private VIP reception with Trump and a White House tour the following day.
Promoting the event, The $TRUMP X account said: “The top $TRUMP Coin holders will have a private DINNER WITH PRESIDENT TRUMP on May 22nd at the BEAUTIFUL Trump National Club in Washington, D.C. It will be a night to remember! Thank You! And Have Fun!”
“Couldn’t be more excited about this " Dinner with Trump ". A lot more on the way! The Tokens from the initial cliff and from the following three months of daily unlocks will remain locked, each for an additional 90 days. The era of $TRUMP has just begun!” the X account continued in a comment on the post.
The Trump coin launched in January ahead of the inauguration, quickly reaching a $15 billion market cap on the strength of President Trump’s social-media posts before collapsing within days. First Lady Melania Trump’s $MELANIA token saw a similar spike and crash. In guidance issued soon after, the SEC ruled that meme coins aren’t securities, sparing them from immediate regulation.
Only 20% of $TRUMP’s tokens are tradable; the remaining 80%, held by insiders under a three-year vesting schedule, are set to begin unlocking soon, potentially allowing major holders to sell. There’s no underlying product—80% of the supply is controlled by the Trump Organisation and affiliates.
The top $TRUMP Coin holders will have a private DINNER WITH PRESIDENT TRUMP on May 22nd at the BEAUTIFUL Trump National Club in Washington, D.C. It will be a night to remember! Thank You! And Have Fun!
— TrumpMeme (@GetTrumpMemes) April 23, 2025
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Trump meme coin holders dinner at the White House: What we know so far
According to the meme coin’s website, the gala dinner is set for May 22 at Trump’s golf club just outside Washington. The site also notes that the coin’s top 25 holders will be invited to a private VIP reception with Trump and a White House tour the following day.
Promoting the event, The $TRUMP X account said: “The top $TRUMP Coin holders will have a private DINNER WITH PRESIDENT TRUMP on May 22nd at the BEAUTIFUL Trump National Club in Washington, D.C. It will be a night to remember! Thank You! And Have Fun!”
“Couldn’t be more excited about this " Dinner with Trump ". A lot more on the way! The Tokens from the initial cliff and from the following three months of daily unlocks will remain locked, each for an additional 90 days. The era of $TRUMP has just begun!” the X account continued in a comment on the post.
The Trump coin launched in January ahead of the inauguration, quickly reaching a $15 billion market cap on the strength of President Trump’s social-media posts before collapsing within days. First Lady Melania Trump’s $MELANIA token saw a similar spike and crash. In guidance issued soon after, the SEC ruled that meme coins aren’t securities, sparing them from immediate regulation.
Only 20% of $TRUMP’s tokens are tradable; the remaining 80%, held by insiders under a three-year vesting schedule, are set to begin unlocking soon, potentially allowing major holders to sell. There’s no underlying product—80% of the supply is controlled by the Trump Organisation and affiliates.
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