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Token TRUMP increased following the announcement of a second gala dinner featuring Trump., 2026/03/13 11:32:51
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The meme coin TRUMP, initiated by U.S. President Donald Trump, experienced an 18% increase within a day, reaching $3.7, following the announcement of an exclusive event for the largest token holders. Winners will have the opportunity to attend a luncheon with the president at his Mar-a-Lago residence in Florida.
The event, titled Conference & Gala Luncheon, is scheduled for April 25, 2026. It will invite the 297 largest holders of the TRUMP token. Additionally, 18 prominent guests, referred to as “superstars” by the organizers, are expected to attend, including Trump himself. Special privileges will be granted to 29 participants, who will receive access to a VIP tour of Mar-a-Lago during the event.
It is anticipated that this gathering will serve as a continuation of a similar gala held last year. At that time, Justin Sun, the founder of Tron, was among the guests, possessing 1,176,803 TRUMP tokens valued at over $14.32 million.
However, many attendees from last year’s event expressed dissatisfaction. They reported that they were unable to interact or take photos with the U.S. president, who spent less than half an hour with the invitees.
In September, the crypto lending platform World Liberty Financial, owned by the Trump family, blacklisted Justin Sun’s Ethereum address after transferring 60 million native WLFI tokens worth over $9 million. Despite investments in the TRUMP token, the address was blocked. Sun stated that he did not intend to sell the tokens but merely moved them for consolidation onto a single address.
A group of Democratic senators led by Elizabeth Warren previously criticized Trump, accusing him of leveraging his presidential status for personal financial gain. They argue that investments from foreign investors in Trump-related crypto assets could pose a threat to U.S. financial security, as foreign governments might potentially influence political decisions through financial ties with the president’s family.
Earlier this year, Trump Media also announced plans to launch a new crypto asset in partnership with the Crypto.com exchange. It is expected to be launched on the Cronos blockchain.
