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Cryptocurrency News Articles

TRUMP Meme Coin May Launch New NFT Collection at Private Dinner Event for Top 220 Holders

Apr 24, 2025 at 09:28 pm

A recent announcement for the Private Dinner event for the top 220 holders of the TRUMP meme coin stated that if former President Trump does not attend

TRUMP Meme Coin May Launch New NFT Collection at Private Dinner Event for Top 220 Holders

A recent announcement for the Private Dinner event for the top 220 holders of the TRUMP meme coin has brought attention to the possibility of former President Trump making an appearance at the event, which may also see the launch of a new NFT collection.

According to official details from the TRUMP meme coin team, the Trump Gala Dinner is an exclusive event designed to bring together the top 220 meme coin holders for the ultimate celebration.

The event is set to take place at Trump National Golf Club in Washington on May 22, 2025. However, organizers have the right to alter the date and venue at their discretion, leaving room for adjustments.

Moreover, there is uncertainty regarding Trump’s participation in the event. Despite the event being branded with his name, the terms and conditions clearly state that Trump may not be present at the dinner. In the event of the dinner’s cancellation or Trump’s absence, eligible TRUMP holders will receive a limited-edition NFT as compensation.

This has sparked speculation that Trump might use this occasion to unveil a new NFT collection, expanding on his previous endeavors in the NFT domain.

“President Trump may not be able to attend the TRUMP Gala Dinner. In the event President Trump is unable to attend the TRUMP Gala Dinner, or if the Gala Dinner does take place, then in our sole discretion, it may be rescheduled to another date, or TRUMP Meme holders who are qualified for the Gala Dinner and/or reception will receive a limited edition TRUMP NFT in lieu thereof,” the terms and coditions stated.

Earlier this year, Donald Trump made his debut in the NFT market with his NFT collection, “Trump Bitcoin Digital Trading Cards,” featuring 160 pieces on the Bitcoin network.

The former president also made his entry into the crypto space with the launch of Trump Digital Trading Cards in December 2022. The first collection, limited to 45,000 NFTs, quickly gained attention thanks to Trump’s branding. It sold out completely, raising approximately 648 ETH, which at the time equaled about $785,000.

After the success of the first collection, Trump announced Series 2 of the Trump Digital Trading Cards. As expected, Trump’s second round of ‘Digital Trading Cards’ sold out quickly. However, not everything went smoothly.

The value of the original Series 1 collection took a significant hit. The rapid release of new collections raised concerns in the community about “value dilution,” diminishing the appeal of earlier NFTs.

According to data from OpenSea, the total trading volume for Trump Digital Trading Cards reached 17,167 ETH, which translates to tens of millions of USD, an impressive figure for an NFT collection.

However, by April 2025, the trading volume had dropped to just $2,000, a stark contrast to its peak, according to CryptoSlam data.

The Trump Gala Dinner could have implications that extend beyond TRUMP holders, potentially affecting the meme coin and NFT markets. If Trump launches a new NFT collection and it gains popularity, it could reignite interest in celebrity-driven NFT projects.

Conversely, if the event is canceled or the new NFT fails to attract attention, it may deepen skepticism about the sustainability of meme coin and NFT ventures.

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Other articles published on Apr 25, 2025