Donald Trump memecoin team launches second gala promotion as TRUMP token hits all-time low

The team behind Donald Trump’s memecoin, TRUMP, is promoting a second gala event for token holders, this time offering invitations to a conference and luncheon at Mar-a-Lago on April 25th. Invitations will be granted to the top 297 TRUMP token holders based on their time-weighted average holdings on Robinhood between March 12th and April 10th, with the top 29 receiving VIP access and a champagne toast with Trump. The event is organized by Fight Fight Fight LLC, and a disclaimer states Trump is appearing in his personal capacity. The TRUMP token briefly rose then fell, hitting an all-time low of near $2.75, and is down roughly 96% from its peak. This promotion follows a similar event last year that drew criticism from Democratic lawmakers concerned about potential access for wealthy investors to the president.

(Source：The Block)