Trump Offers Memecoin Holders Another Gala
Summary
Donald Trump is scheduled to be the keynote speaker at an exclusive event in Florida for the top 297 holders of the TRUMP memecoin, offering them access to a luncheon at his Mar-a-Lago residence on April 25th. This event comes as the token has recently hit an all-time low, though it experienced a slight increase following the announcement. Eligibility is based on time-weighted holdings between March 12th and April 10th, and attendees must pass a background check. The top 29 holders will also receive a private reception with Trump. This is the second such event, following a similar gathering at a Trump golf club last year, which drew criticism for potentially leveraging his position for personal financial gain. The TRUMP token briefly rose to $3.06 upon the gala announcement, recovering from a low of $2.73, but remains down 96% from its peak in January 2025.
(Source:Cointelegraph)