Trump Memecoin Top Holders Get Exclusive Mar-a-Lago Luncheon Invite Amid 96% Price Decline

TLDR

• The Official TRUMP memecoin project has revealed plans for an exclusive gala luncheon at Mar-a-Lago on April 25 for its 297 largest holders
• Following the announcement, the token experienced a temporary price increase but continues trading 96% lower than its January 2025 peak of $73.43
• Qualification criteria depend on time-weighted token ownership from March 12 through April 10, with mandatory background screenings for participants
• The upcoming event marks the second gathering of its kind; the inaugural dinner in 2025 sparked controversy from Democratic politicians citing potential conflicts of interest
• According to a White House official speaking with Politico, Trump’s calendar does not yet reflect the April 25 gathering

The organization managing the Official TRUMP memecoin has unveiled plans for another exclusive gathering targeting its most significant token holders — a luxurious luncheon featuring President Donald Trump at Mar-a-Lago, his Florida resort in Palm Beach, set for April 25.

The revelation surfaced on Thursday, March 12. According to the announcement, the 297 individuals holding the largest token quantities will qualify for attendance, while the top 29 will gain additional access to an intimate reception featuring Trump. The TRUMP token’s official website identifies Trump as the event’s keynote speaker.

Nevertheless, a White House spokesperson informed Politico that this gathering has not been added to the president’s confirmed schedule. The proposed date also overlaps with Trump’s announced intention to participate in the White House Correspondents’ Dinner.

Qualifying participants must satisfy specific criteria determined by time-weighted token ownership calculated from March 12 through April 10. Additionally, every attendee must successfully complete a background investigation before receiving admission.

Following the announcement, the token experienced a momentary price surge, rising from its record low of $2.73 to reach $3.06 before declining. Currently, TRUMP is exchanging hands between approximately $2.94 and $2.98, representing roughly a 2% daily increase.

TRUMP Token Continues Trading Far Below Historical High

Notwithstanding the modest recovery, the cryptocurrency remains approximately 96% below its January 2025 all-time high of $73.43. That pinnacle occurred shortly after the token’s debut, which preceded Trump’s presidential inauguration.

When the initial dinner was announced in April 2025, the token was valued at approximately $13 on average. Since that announcement, its value has plummeted dramatically.

Trading activity for the cryptocurrency reached its most substantial level since February 20, 2026, coinciding with the gala announcement date.

The inaugural gathering for TRUMP token holders took place at a Trump golf facility in May 2025. Among the participants was Tron founder Justin Sun, who attended as one of the project’s largest investors. Infinex founder Kain Warwick also participated after acquiring sufficient tokens to secure a position within the top 25 holders.

Critics and Demonstrators Have Voiced Opposition

The previous dinner event drew protesters to the venue’s exterior. Bloomberg reported that demonstrators voiced their opposition loudly as guests entered the facility. Among the protesters were U.S. senators and former congressional staff members.

Democratic politicians voiced strong opposition to the gathering, contending that Trump was generating revenue from a cryptocurrency token while simultaneously appointing regulatory officials to supervise the crypto sector and supporting legislation beneficial to it. These objections contributed to congressional delays affecting crypto-related legislative proposals.

Mar-a-Lago previously served as the venue for a cryptocurrency conference last month, arranged by World Liberty Financial — another digital asset venture co-owned by Trump and members of his family.

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