US President to Have Private Dinner With Top 220 TRUMP Meme Coin Holders

Source Beincrypto

The TRUMP meme coin project announced that the top 220 holders will be invited to a Gala Dinner with the US president, while the top 25 holders will receive a private White House tour.

The ranking will count holders between today and May 12. Since this announcement, TRUMP has spiked 50% and counting.

TRUMP Rallies 50% In a Buying Frenzy

The TRUMP meme coin has been through ups and downs lately, but it recently hit an all-time low due to tariff chaos. However, the President just announced an exclusive deal for the top holders.

Whichever 220 users hold the most Trump tokens between now and May 12 will get an exclusive invitation to a dinner attended by the President.

“FOR THE TOP 25 COIN HOLDERS, YOU are Invited to an Exclusive Reception before Dinner with YOUR FAVORITE PRESIDENT! PLUS, We have separately by us arranged for a Special VIP White House Tour for you – so make sure you stay in town,” the announcement claimed.

Since this dinner offer first happened, TRUMP rocketed up 50% and counting. It’s unclear how long the momentum will last, but it clearly demonstrates that the man has a devoted fan base.

Some users have speculated that this dinner is an attempt to farm exit liquidity from retail investors, and it’ll be interesting to see how long the hype lasts.

trump meme coinTRUMP Meme Coin Daily Price Chart. Source: TradingView

Still, his supporters have good reason to expect solid opportunities from this investment. Trump has reportedly rewarded crypto firms that donated to his Inauguration, and LIBRA booster Hayden Davis alleged that he gave attendees of a previous crypto dinner a tip about the TRUMP launch.

TRUMP dinnerPresidential Dinner Invite for TRUMP Meme Coin Holders. Source: TRUMP Meme

In other words, winning this contest could present another opportunity for insiders.

Serious Concerns of Market Manipulation

If there were any lingering doubts about the US president’s direct connection with the meme coins, it’s very evident now. 

This would be the first time in crypto history that top whales of a meme coin (or any token) would have direct private interaction with the POTUS.

So, it is very clear now that Donald Trump will continue to reward and benefit this meme coin’s holders in unique ways. 

However, there are more critical concerns about market manipulation. Just last week, TRUMP unlocked $307 million worth of tokens.

Conventionally, this led to many trading shorting the meme coin, anticipating the price to go down. Yet, this announcement created a buying frenzy.Most notably, the upcoming monthly token unlocks have been postponed by 90 days. This could be a direct attempt to inflate the market for a potential pump. 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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