U.S. President Donald Trump is set to host a private dinner for the top 220 holders of his official cryptocurrency, the TRUMP token, on May 22, 2025, at his Trump National Golf Club in Washington, D.C. This exclusive event aims to deepen engagement with key supporters within the digital asset community and reinforce loyalty among token holders.
The announcement of the dinner triggered a significant rally in the TRUMP token’s price, which surged over 70%, briefly reaching $16—its highest level since early March—before settling just above $13, marking a 43% increase within 24 hours. This price jump follows the recent unlocking of $300 million worth of TRUMP tokens into circulation, with an additional $600 million expected to be released in July, potentially impacting supply dynamics.
The dinner invitation targets the top 220 holders based on their average token holdings from April 23 to May 12, with a leaderboard tracking eligibility. The top 25 holders will receive special perks, including a private reception with Trump before the dinner and an exclusive tour of the White House, enhancing the event’s prestige and exclusivity.
This event reflects Trump’s strategic approach to leveraging his brand and digital assets to maintain influence and foster a close-knit community of supporters. The TRUMP token, launched in January 2025 just before Trump’s presidential inauguration, has faced criticism for its speculative nature and insider allocations but continues to attract attention through high-profile initiatives such as this dinner.
Organizers have also extended the initial token unlock and subsequent daily unlock periods by 90 days, a move likely designed to encourage longer holding and reduce short-term selling pressure ahead of the event.
In summary, the upcoming dinner is a calculated effort by Trump to strengthen ties with his crypto supporters, boost the perceived value of the TRUMP token, and remain a prominent figure in the evolving digital asset landscape. The event is anticipated to draw considerable interest and further solidify Trump’s presence in the cryptocurrency community.