No crypto market slump for Donald Trump’s memecoin, which has just jumped 30% over the past 24 hours. The reason? An ultra-VIP gala reserved for the largest holders of TRUMP tokens, with the top 29 even getting to toast with the President of the United States and other handpicked “superstars.”
VIP Gala with Donald Trump: the TRUMP memecoin skyrockets
Donald Trump made a highly publicized entrance into the crypto ecosystem by building his presidential campaign on the promise of unlocking the potential of this sector, which had been heavily suppressed in the United States until then. Then he launched the TRUMP memecoin just a few days before his official arrival at the White House, like a bad joke that continues to play out today.
Indeed, the TRUMP token continues to make headlines, even as it inflicts a 95% price collapse on its early investors. A drop worthy of the worst crypto scams, which has nevertheless just recorded a 30% rebound over the last 24 hours. But why?
The price of the TRUMP memecoin has surged 30% over the past 24 hours
When a crypto project lacks fundamentals, it needs external momentum to motivate its investor community—such as organizing an ultra-VIP gala attended by the President of the United States and personalities described—without naming them—as “superstars,” as promoted by the official TrumpMeme account on the X network.
The world’s most exclusive conference on crypto and business & gala luncheon with PRESIDENT TRUMP and 18 other SUPERSTARS. Strictly limited to only 297 participants. Are you in?
TrumpMeme
A toast with Donald Trump for the 29 largest holders, but no more.. .
First and foremost, it is important to understand that this initiative is the second of its kind, following a first edition held in May 2025 that had already raised numerous questions regarding the profile of the winners—ranging from foreign influence to the presence of the controversial founder of the Tron (TRX) blockchain, Justin Sun, in the top spot.
Why mention this particular crypto figure? Simply because a few months later, he would benefit from the SEC’s leniency—once pro-Trump Paul Atkins took the helm—in connection with a case opened against him in 2023. Is there a connection here? Democrats are convinced there is…
Official announcement of the gala for TRUMP token holders
In any case, this little presidential party follows the same rules as the previous one. Namely: a ranking of the 297 largest TRUMP token holders based on their “weighted average holdings” recorded on the Robinhood platform between March 12 and April 10, with the top 29 attending an even more VIP reception in the presence of Donald Trump and other dignitaries.
Important note: this champagne toast in no way implies the possibility of obtaining a private audience with the President of the United States, who will be present merely as a guest.
