TRUMP Token Soars on Exclusive Dinner Declaration
The TRUMP memecoin has seen a significant price hike after organizers revealed plans for an exclusive dinner with Donald Trump. The event, set for May 22, 2025, at the Trump National golf Club in Washington, D.C., is open to the top 220 token holders.
Following the announcement, the TRUMP token price surged from around $9.00 to $16.03, as investors scrambled to secure a spot in the top rankings. The official site clarifies that only the top 220 holders will receive invitations, correcting an earlier tweet that mentioned the top 250.
To encourage long-term holding, the project has delayed the initial token unlock and the next three months of daily unlocks by 90 days each. This strategic move aims to reduce short-term selling pressure and support the token’s price leading up to the event.
The dinner announcement reflects a growing trend of memecoin-fueled political engagement in the 2024-2025 election cycle. It also aligns with the Trump campaign’s increasing embrace of crypto themes, with the former president reportedly more open to crypto-friendly regulation.
For more details, visit the official site.
