Summary
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Exclusive Dinner Event: President Donald Trump is hosting a private “TRUMP Gala Dinner” on May 22nd at his National Golf Club for the 220 largest holders of the TRUMP cryptocurrency.
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Strict Eligibility and Costs: Attendance is invitation-only, requires wallet verification for registration, prohibits guests, and mandates attendees cover all their personal travel and related expenses; rigorous security screening will be enforced.
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Controversial Token History: The TRUMP coin (Official Trump), launched before Trump’s inauguration, saw extreme volatility, reaching an $8 billion peak market cap before falling to its current $2.7 billion valuation, and has faced criticism regarding financial practices and oversight.
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Significant Market Surge: News of the exclusive dinner triggered a sharp rally in the TRUMP token’s price, causing it to surge over 70% (from $9.3 to $16) before settling around $13, marking a 50% gain in 24 hours.
Prominent holders of the TRUMP cryptocurrency have been offered the opportunity to dine with President Donald Trump, according to details on the project’s official website.
The event, billed as the exceptionally exclusive “TRUMP Gala Dinner,” highlights a novel convergence between political personalities and the digital currency sphere, triggering a significant price increase for the associated token.
Gala Dinner Details and Eligibility
Specifics about this private function came to light after community members located a newly created, though initially inactive, page on the project’s website referencing the planned dinner for significant TRUMP coin investors.
The gathering, accessible by invitation only, has been confirmed for May 22nd at the Trump National Golf Club.
Participation is restricted to the individuals holding the 220 largest amounts of the TRUMP coin within their digital wallets.
Registration, Costs, and Security Protocols
Potential attendees must validate their holdings and register for the event by connecting their wallets through the designated online portal (trumpdinner.gettrumpmemes.com).
Organizers stress that invitations are strictly personal, cannot be transferred, and do not permit attendees to bring guests under any circumstances.
It is also important to note that while the invitation grants access, attendees are personally responsible for all associated expenditures, including travel, lodging, local transport, parking fees, and any incidental costs.
In line with the high-profile nature of the host, comprehensive security measures will be implemented.
All participants should expect thorough screening procedures, which will include personal background checks and verification of their digital wallet’s compliance status.
TRUMP Coin History and Scrutiny
The TRUMP coin, sometimes referred to as Official Trump, was launched just two days prior to Trump’s presidential inauguration.
Volatility has marked its market trajectory; it reportedly reached a peak market capitalization of $8 billion before experiencing a significant downturn.
Its current valuation stands at approximately $2.7 billion.
The project has faced criticism previously from segments of the cryptocurrency community and governmental figures, who have expressed concerns regarding potential financial impropriety and a lack of sufficient regulatory frameworks.
Market Response to Dinner Announcement
The announcement of the exclusive dinner had a pronounced effect on the token’s market performance.
On Wednesday, data sourced from CoinGecko indicated that the price of TRUMP escalated by over 70%, rising from $9.3 to a high of $16 subsequent to the news release.
At the time of writing, the token was trading at a value exceeding $13, reflecting a significant 50% gain within the past 24 hours.
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