The worlds of cryptocurrency speculation and high-profile politics have intersected following the announcement of an exclusive dinner hosted by President Donald Trump.
The event is specifically for leading investors in the TRUMP digital token.
The “TRUMP Gala Dinner,” promoted as one of the planet’s most sought-after invitations according to the project’s website, offers a select few the chance for face-time with the former president.
Event Details and Invitation Criteria
A nascent webpage on the TRUMP project site, hinting at the President’s intention to host major coin holders, sparked whispers of this unique convergence.
Despite the initial lack of development, the details have become clear: the invitation-only event will take place on May 22nd at the opulent Presidential Golf Club.
Only the 220 wallets with the largest holdings of the TRUMP coin can gain entry.
Securing a Seat and Event Protocols
Securing a coveted spot requires more than just holding the digital asset; potential attendees must connect their crypto wallets via a dedicated portal (trumpdinner.gettrumpmemes.com) to verify their status and register.
Organizers leave no room for ambiguity: entry is strictly personal, with an absolute prohibition on guests or plus-ones.
Token Background and Controversy
Just days before Trump’s inauguration, the TRUMP coin, also known as Official Trump, emerged, propelled by a surge of political fervor.
It experienced a meteoric, albeit brief, rise to an 8 billion dollar market capitalization before crashing. It currently sits at a valuation around 2.7 billion dollars.
The project hasn’t been without its detractors, drawing fire from both crypto enthusiasts and lawmakers
concerned about potential financial mismanagement and the absence of regulatory guardrails.
Market Reaction to Dinner Announcement
The allure of the Gala Dinner, however, proved potent market fuel.
On Wednesday, the TRUMP token defied broader market trends, rocketing over 70%. According to CoinGecko figures, its price vaulted from 9.3 dollars to a striking high of 16 dollars upon the dinner’s confirmation.
According to the latest reporting, the token maintained strong momentum, trading above 13 dollars and securing a hefty 50% gain over the preceding 24 hours.
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