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Cryptocurrency News Articles
Donald Trump's offer of an exclusive dinner for top holders of the TRUMP token sent shockwaves across the crypto community.
Apr 24, 2025 at 11:07 am
The event, slated to take place at his Washington golf club, triggered a surge in demand for the $TRUMP coin. This move by a high-profile politician has turned heads, mixing politics and crypto in a way few imagined.
President Trump will give an exclusive dinner on May 22, 2025, at his Washington golf club for the top 220 TRUMP token holders.
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 era of $TRUMP has just begun! To qualify, holders must rank in the top 220 by May 12, verified by connecting their wallets on the official TRUMP token website. The top 25 will gain VIP access to a pre-dinner event and a tour of the White House.
The event is invitation-only, with no guests able to attend. Attendees must pass background checks and cover their own travel and accommodation expenses, ensuring a secure and private meeting.
This dinner is shaping up to be a major event in the crypto world. It will be interesting to see if any other politicians follow suit and begin engaging with the crypto community in such direct ways.
The TRUMP coin jumped over 70% after Trump announced his special dinner for elite holders of the coin. Trading volumes also surged as investors scrambled to increase their holdings to secure a spot among the top 220, pushing the token to its highest level since early March.
After the rise, $TRUMP steadied around $13, maintaining robust market activity. The increase reflects growing investor excitement spurred by political events and the promise of exclusive access, keeping the token’s volatility high.
At the start of the year, $TRUMP traded at $0.001. However, with the new year came a surge in price and volume, pushing the token to new highs. By January 15, the token hit $0.01, marking a significant recovery from its December 2024 lows.
The TRUMP coin was launched on January 17, 2025, as a Solana-based meme coin tied to Donald Trump’s second presidential term. Out of the 1 billion tokens, 200 million are allocated to the public.
Meanwhile, Trump-affiliated firms hold the remaining $800 million and will release it systematically over three years to prevent a rapid selloff. This release plan aims to build lasting value and trust, distinct from the short-term hype seen in many meme coins.
A recent unlock began, releasing $311 million worth of tokens to the market until 2028. Many investors sold shortly after the first unlock and missed out on the gains that came with the dinner news.
To promote price stability and encourage longer-term holding, future unlocks are being postponed by 90 days.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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