Summary
-
Price Surge: The TRUMP memecoin experienced a significant price increase after President Donald Trump invited top holders to a dinner.
-
Gala Dinner Invitation: The top 220 holders of the TRUMP token, based on average holdings between April 23rd and May 12th, will be invited to a gala dinner with Mr. Trump on May 22nd at his D.C. golf club.
-
Holding Competition: Qualification depends on registering crypto wallets and maintaining the highest average holdings of TRUMP during the specified period, with rankings updated hourly.
-
Exclusive VIP Access: The top 25 holders among those invited will also gain entry to an exclusive private VIP reception with Mr. Trump.
TRUMP Memecoin Value Climbs Following Dinner Invitation from President
The value of a memecoin associated with Donald Trump, known as TRUMP, experienced a significant increase after the President extended an invitation for dinner to the individuals holding the largest amounts of the token.
Gala Dinner for Top Holders Announced
An announcement detailed that the 220 people with the largest TRUMP holdings will be invited to attend a gala dinner with Mr. Trump.
This event is scheduled for May 22nd and will take place at his privately owned national golf club located in Washington, D.C.
Information released about the event indicates that rankings are determined by hourly leaderboard updates, with the amount of TRUMP coins held positioning individuals for qualification in what is described as a competitive process.
Market Reacts Strongly to News
The announcement of this unique dinner engagement prompted a rapid surge in TRUMP’s price.
The crypto asset’s value ascended from a low point of $9.24 on April 23rd to a high of $14.37 within a few hours.
Since reaching that peak, the token’s price has found stability, trading at $12.15 as of this report, which represents a 29.5% gain over the preceding 24-hour period.
Qualification Criteria for Dinner
To qualify for the dinner, interested individuals need to register their cryptocurrency wallets first.
Eligibility is determined by being among the largest holders of the memecoin based on average holdings calculated over the period from April 23rd to May 12th.
The selection criteria specify that individuals should acquire and retain as many TRUMP tokens as possible during the designated timeframe.
Average holdings throughout this period dictate the final ranking.
Holding a larger quantity of TRUMP for a longer duration increases an individual’s rank.
Following the conclusion of this holding period, the 220 participants with the highest average TRUMP holdings will receive invitations, with rankings visible on a public leaderboard.
Exclusive VIP Reception for Top 25
Additionally, an exclusive private VIP reception with Mr. Trump will be accessible to the top 25 holders of the digital asset.
Also Read: Trump hosts special dinner for elite $TRUMP holders and token rises 70%
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. The event is invitation-only, requires wallet verification for registration, prohibits guests, and mandates attendees to cover all personal travel and related expenses. The event has triggered a significant market surge, with the TRUMP token’s price rising over 70%. The event highlights a novel convergence between political personalities and the digital currency sphere, triggering a significant price increase for the associated token. Participants must validate their holdings and register through the designated online portal. Invitations are strictly personal, cannot be transferred, and attendees are personally responsible for all associated expenditures. Comprehensive security measures will be implemented in line with the high-profile nature of …[Read More]
*Disclaimer*: We at Bitcoinleef.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice and viewers should consult their financial advisors before investing.
Wallets