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Cryptocurrency News Articles

Donald Trump Will Host a Dinner for the Top 220 Holders of the TRUMP Token

May 22, 2025 at 07:50 pm

Tonight, the Trump National Golf Club in Potomac Falls, Virginia, will be the epicenter of a dinner that blends politics, cryptocurrency, and power.

Donald Trump Will Host a Dinner for the Top 220 Holders of the TRUMP Token

Former U.S. president Donald Trump will host the top 220 investors in his namesake TRUMP token at his National Golf Club in Potomac Falls, Virginia, for a special dinner on Thursday evening.

The event, kicking off at 7 p.m. local time, has generated significant interest in both the crypto and political spheres since news of the gathering first broke on Wednesday morning.

Trump, who is known for his outspoken views on a range of topics, recently made several statements in support of cryptocurrencies, which he sees as crucial to the future of the U.S. economy. In his words, digital assets “represent the future of the free economy” and should be protected from regulations that aim to stifle innovation.

“They’re trying to shut down crypto, but we’re not going to let them,” Trump said in a statement to the crowd at the American Conservative Union’s annual meeting last month.

Those in attendance at Trump’s upcoming dinner, who have collectively invested nearly $400 million in the token, will be treated to a special guided tour of the White House with the former president the following day. Invitations were sent out based on ranking among the top public wallet holders.

The most coveted prize goes to the top 25 investors, who will also get a guided tour of the White House with Trump the following day.

Among the guests are Justin Sun, founder of TRON, and Australian Kain Warwick, creator of Infinex. A glance at the guest list reveals that over half of the attendees used foreign exchanges like Binance, which is currently not legally operational in the U.S.

The Trump memecoin, launched in January 2025 during the second year of his presidency, quickly reached a $15 billion market cap before plummeging.

However, news of the event sent the TRUMP token price soaring by 14% in just 24 hours to reach $14.60 with a current market cap of $2.92 billion. Experts suggest that such strategic moves could push the token’s price to $25 if the bullish trend and institutional backing continue.

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Other articles published on May 23, 2025