Donald Trump’s official memecoin (TRUMP) is skyrocketing after the President offered to have dinner with its top holders.
In a new announcement, the top 220 TRUMP holders are invited to a Gala dinner event with the President on May 22nd at his private national golf club in Washington, D.C.
“The Top 220 TRUMP owners will be joining President Trump for a Gala dinner. Our leaderboard updates hourly in real time. Your TRUMP coin count puts you in the running. The competition is fierce.”
News of the special dinner event sent TRUMP flying, as the digital asset went from a low of $9.24 on April 23rd to a peak of $14.37 just hours later. The token has since stabilized and is trading for $12.15 at time of writing, a 29.5% increase during the last 24 hours.
According to the announcement, those who wish to participate must first register their crypto wallets and be a top holder of the meme asset between the dates of April 23rd and May 12th.
“From April 23 to May 12, hold as much TRUMP as you can. Your average holdings during this period will determine your ranking. The more TRUMP you hold – and the longer you hold it – the higher your ranking will be. After the holding period ends, the top 220 holders with the highest average TRUMP holdings will be selected. Watch your ranking on the leaderboard.”
Furthermore, the top 25 holders of the meme asset will be able to attend an exclusive private VIP reception with Trump.
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