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The U.S. President is set to be the main speaker at a "gala luncheon" for the leading 297 holders of the $TRUMP token.
Donald Trump (Jesse Hamilton/CoinDesk)
What to know:
- The leading 297 holders of the $TRUMP token are set to attend a luncheon on April 25 at Mar-a-Lago, as announced by the company behind the token on Thursday.
- This event at Mar-a-Lago occurs nearly a year after $TRUMP holders were previously invited to a dinner at the same location.
- The prior dinner raised concerns among lawmakers regarding U.S. President Donald Trump benefiting from an industry he has appointed regulators to monitor.
Token holders will have another chance to dine with the U.S. President following the announcement of a "gala luncheon" with Donald Trump planned for late next month.
Set for April 25, this luncheon follows a previous dinner with Trump that was offered to the top 220 holders of the token, whereas this upcoming event will include 297 attendees, with 29 receiving a VIP tour of Mar-a-Lago, as stated by the token’s issuer on Thursday.
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"Join 18 global giants at one of the world's most historic residences… the exclusive members-only club, Mar-a-Lago," the announcement remarked. "You'll experience a once-in-a-lifetime opportunity. This event will create memories that will last forever!"
Mar-a-Lago was the venue for a crypto conference organized by World Liberty Financial, another firm co-owned by Trump and his family, last month.
The price of the TRUMP token saw a brief increase following the announcement, but it quickly reverted back. Currently, the token trades at around $2.98, reflecting a 2% rise for the day. Its trading volume has reached its highest point since February 20, 2026.
Despite the recent uptick, the token’s value remains significantly lower than its peak of over $46 and has also decreased from the approximately $13 average it had during the last dinner announcement in April 2025.
The earlier dinner led to protests from Democratic lawmakers, who voiced concerns about Trump profiting from his own crypto token while also advocating for legislation to support the industry and appointing regulators for oversight. These issues have, in part, hindered the progress of legislation desired by the crypto sector.
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