US President Donald Trump is about to host a particular dinner for the most important holders of his $TRUMP memecoin on May 22. President Trump is reportedly anticipated to dine with 220 holders of the “Official Trump” token on the Trump National Golf Club in Potomac Falls, Virginia. On the heels of the upcoming occasion, the worth of the memecoin surged by over 11 p.c to commerce at $14.27 (roughly Rs. 1,222) on worldwide exchanges on Wednesday.
Meanwhile, a gaggle of US senators and different people additionally plan to protest exterior the golf course, accusing the President of utilizing his political affect over the crypto market.
Here’s What We Know About the Event
Guests have obtained a proper invitation to the occasion through e-mail. The invite consists of particulars on the gown code in addition to timings for the occasion. All friends will reportedly must undergo a background test earlier than attending the gala
The Biggest Crypto occasion of the yr is going on this Thursday, May 22. DINNER WITH TRUMP. See you there!
— TrumpMeme (@GetTrumpMemes) May 19, 2025
Earlier this month, a Bloomberg report had highlighted {that a} majority of the highest 25 $TRUMP token holders used overseas exchanges to buy the memecoin, indicating they have been primarily based exterior of the US.
Justin Sun, the proprietor of the Tron blockchain, is among the many VIP attendees of this gala dinner. At 1.4 million token holdings, Sun is listed as the most important holder of the memecoin. Sun confirmed Tuesday that he had obtained an invitation to the occasion.
“I’m excited to connect with everyone, talk crypto, and discuss the future of our industry,” Sun mentioned in a put up on X.
Honored to assist @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!
As the highest holder of $TRUMP, I’m excited to attach with everybody, speak crypto, and talk about the way forward for our trade. :us: https://t.co/FYb39LTwDz
— H.E. Justin Sun :banana: (@justinsuntron) May 20, 2025
Singapore-based crypto startup MemeCore is second on the Trump memecoin leaderboard and a consultant from the corporate is more likely to mark their presence, Fortune reported.
The 220 dinner friends collectively maintain an estimated $147.5 million (roughly Rs. 1,261 crore) price of the $TRUMP token, that was launched on January 17.
Trump Memecoin Protest
Robert Weissman from the nonprofit group Public Citizen is claimed to be organising the protest exterior Trump’s dinner venue. Democratic senator Jeff Merkley can also be reportedly planning to hitch the protest.
President Trump’s son Eric Trump instructed the press that “most of these people are paid to protest”.
At current, the Official Trump token ranks thirty seventh on CoinMarketCap’s crypto index. This signifies that the memecoin with the market cap of $2.86 billion (roughly Rs. 24,467 crore), is at present the thirty seventh largest altcoin out there.
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