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Trump's $TRUMP Meme Coin Soars After Dinner Invite Announcement
Trump-Endorsed Cryptocurrency Surges After Trump Announces Dinner with Top Investors
That's right, folks! President Trump's official meme coin, the $TRUMP token, is buzzing after an exclusive dinner invite was dropped. Here's the 411.
Wednesday saw the $TRUMP token jumping to nearly $15, a price not seen since March early on, thanks to the juicy announcement of a private dinner for top token holders. The surge brought the token a staggering 66% up, according to CoinGecko.
News of the dinner has sparked some serious crypto trading, pushing the token's trading volume to a massive $295 million in the last 24 hours, $177 million more than the next top-traded coin.
So, what's the deal? To grab a spot at this star-studded event, which takes place at Trump National Golf Club in Washington D.C. on May 22, you'll need to:
- Register on the project's official website.
- Provide some personal identifiable info.
- Rank in the top 220 and hold on to your $TRUMP tokens like a boss from April 23 to May 12.
Rankings are based on a time-weighted score that uses your token holdings and the duration you've held them. If you're listed within the top 80 on the latest leaderboard with just one token, you're in the running, too!
Curious about the perks? Top 220 holders score an invite to the private dinner with President Trump, while the top 25 get the VIP treatment with a private reception and a tour of the White House.
Keep in mind, these rankings are subject to change as more and more holders register.
Last week, there was a flurry with wallets connected to the creators withdrawing $4.6 million from Coinbase ahead of planned token unlocks, with 80% of the $TRUMP token set aside for project owners and creators.
Analysts feared the unlocks could further dip the price, but the dinner announcement has skyrocketed the $TRUMP token price instead. Interestingly, recent updates hint that the token unlocks may be on hold.
"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 official statement goes.
The $TRUMP token peaked at over $73 in its early days after Trump announced the official launch. Although the token is still 80% off its all-time high thanks to this boost, it's clear an exclusive dinner with the President is a strong draw for investors!
Disclaimer: This article was updated with additional details and edited for clarity.
- The buzz around President Trump's meme coin, the $TRUMP token, reached new heights after an invitation to a private dinner was revealed.
- The $TRUMP token surged to nearly $15, a price not seen since March early on, with a staggering 66% up, following the dinner announcement.
- For a chance to attend this high-profile event at Trump National Golf Club in Washington D.C. on May 22, interested individuals must register on the official website, provide personal details, and rank in the top 220, holding onto their $TRUMP tokens from April 23 to May 12.
- Top 220 holders can expect an invitation to the private dinner with President Trump, while the top 25 will receive the VIP treatment with a private reception and a tour of the White House.
- With the recent announcement of a hold on the token unlocks, which were previously set aside for project owners and creators, the $TRUMP token's price has soared despite initial concerns of further price dips due to the unlocks.
