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TRUMP, the official Solana-based meme coin tied to Donald Trump, surged greater than 30.8% after information emerged that high token holders may obtain invites to an unique occasion with the president late subsequent month.
In a Thursday put up on X, the TrumpMeme account promoted what it described as ‘probably the most unique crypto and enterprise convention on the planet,’ set to happen on April 25 at Mar-a-Lago in Palm Seashore.
“Be a part of 18 international giants at one of many world’s most historic residences… the unique members-only membership, Mar-a-Lago,” the announcement stated. “You’ll get pleasure from a once-in-a-lifetime expertise. This occasion will likely be a reminiscence you’ll speak about ceaselessly!”
Based on the occasion’s web site, invites will likely be prolonged to the highest 297 holders of the TRUMP token, decided by a leaderboard measuring individuals’ time-weighted common holdings on Robinhood between March 12 and April 10.
The memecoin’s web site lists Donald Trump because the keynote speaker for the occasion, however clarifies that there will likely be no personal conferences with the president.
Along with the luncheon, the highest 29 token holders may even obtain invites to an unique VIP reception, together with a champagne toast with Trump and different particular company who’ve but to be introduced.
TRUMP Meme Coin Rockets Following Unique Gala Announcement
The $TRUMP meme coin sank to $2.73 earlier this week — its lowest since launching in January 2025 — as President Trump’s approval scores fell amid escalating tensions with Iran.
Nevertheless, the token spiked when the announcement of the unique Mar-a-Lago gala got here out, hitting a excessive of $3.73, in keeping with CoinGecko. TRUMP continues to be 94.9% off the $73.43 all-time excessive achieved in January 2025, simply earlier than Trump began his second time period in workplace.
This marks the second gathering for holders of the TRUMP token. The primary came about in Could on the Trump Nationwide Golf Membership and drew criticism from Democratic lawmakers who accused Donald Trump of leveraging his place as president for private monetary profit.
Eventually 12 months’s inaugural occasion for TRUMP token holders, Tron founder Justin Solar was the biggest attendee by holdings, reportedly incomes a watch throughout a ceremonial presentation.
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