Trump's meme-based digital currency experiences over 70% surge following announcement of elite holder gathering
Revamped Article:
Getting a chunk of the action becomes more tantalizing as Donald Trump's memecoin, the $TRUMP token, skyrockets! The reason? Organizers announced an elite bash exclusively for the top 220 token holders, slated to go down at the Trump National Golf Club in Washington D.C., on May 22, 2025.
Here's the lowdown on this exciting event:
The Exclusive Gala
The top 220 $TRUMP holders will get an invitation to this swanky soiree, an opportunity to rub shoulders with none other than The Donald himself! The upper echelon of memecoin investors will be lining up to secure a spot in the ranks.
Originally, there was a faux pas; an incorrect tweet stated the event was for the top 250 holders. But fear not, the official site put the record straight - only the top 220 will be graced with the honor of attending.
With the excitement building, the token's price surged from around $9.00 to an impressive $16.03. According to our data, that's a trump-like surge of over 77%!
The New CEO at the Helm
In other crypto news, Jack Mallers of Strike became the CEO of Twenty One Capital, a Bitcoin-focused firm.
A Shift in Tokenomics
To encourage investment longevity, the project plans to delay both the initial token unlock and the next three months of daily unlocks by 90 days each. This move could potentially reduce short-term selling pressure, maintaining the token's price as the event draws closer.
The Wave of Political Engagement
This dinner announcement is just one piece of a broader trend: memecoins fueling political engagement during the 2024-2025 election cycle.
As the Trump campaign gradually warms up to cryptocurrency themes, it seems we might be witnessing a more crypto-friendly approach from the former president when it comes to regulation.
Partnering Up with Coinbase
Lastly, Coinbase is setting up shop in Charlotte, promising to hire over 130 employees.
Fun Fact: The exclusivity of the event has raised some eyebrows. While it may seem like a once-in-a-lifetime opportunity, participants could find themselves facing the unpleasant reality that The Donald himself might not make an appearance. In that case, they'll receive a unique NFT instead! Just remember, better be sure to pass those background checks and dodge being on any anti-money laundering watch lists to enjoy this lavish event.
- The $TRUMP token's value has reportedly grown by over 77% following the announcement of an exclusive gala for the top 220 token holders, as per our data.
- In the crypto world, Jack Mallers of Strike has been appointed as the CEO of Twenty One Capital, a Bitcoin-focused firm.
- To promote investment longevity, the Trump token project plans to delay the initial token unlock and the next three months of daily unlocks by 90 days each, in an attempt to reduce short-term selling pressure.
- The Trump campaign's embrace of memecoins appears to be fostering a higher level of political engagement during the 2024-2025 election cycle.
- Coinbase is expanding its operations by setting up shop in Charlotte and has announced plans to hire over 130 employees.
- This exclusive gala for the $TRUMP token holders is part of a broader trend, as political events increasingly involve memecoins.
- In an interesting twist, if Donald Trump fails to attend the gala, the participants may receive a unique NFT as a consolation prize.
