Trump Memecoin Surges 70% After Exclusive Dinner Invitation for Top Holders

The $TRUMP memecoin saw a sharp rally after organizers revealed that the top 220 holders would be invited to an exclusive dinner with Donald Trump.

Source: https://trumpdinner.gettrumpmemes.com/

Scheduled for May 22, 2025, the event will take place at the Trump National Golf Club in Washington, D.C., and is limited to individuals ranked in the top 220 based on token holdings.

Following the announcement, the price of the Official Trump token ($TRUMP) skyrocketed, jumping from around $9.00 to a peak of $16.03, according to data from crypto.news, as investors rushed to climb the leaderboard.

Although an initial tweet mistakenly mentioned the top 250 holders, the official website confirms that only the top 220 will receive invitations to the exclusive dinner.

In addition, the project announced a delay to both its initial token unlock and the following three months of daily token unlocks — each by 90 days. This strategic change in tokenomics appears aimed at promoting long-term holding and minimizing short-term sell pressure ahead of the dinner event.

This move is part of a larger trend where memecoins intersect with political movements during the 2024–2025 U.S. election season. The Trump campaign has also been increasingly vocal about crypto, with reports suggesting the former president is warming up to more crypto-friendly policies.