President Donald Trump Confirms a Private Dinner Will Be Held on May 22 at Trump National Golf Club

President Donald Trump confirmed that a private dinner will be held on May 22 at Trump National Golf Club in Washington for the top 220 holders of his memecoin, TRUMP.

The private dinner for the top 220 holders of TRUMP (CRYPTO: TRUMP) tokens will be held on May 22 at Trump National Golf Club in Washington D.C., according to an announcement from former President Donald Trump.

The dinner is being organized by Fight Fight Fight LLC, a Trump-affiliated entity, and will admit guests based on a leaderboard tracking time-weighted average balances between April 23 and May 12.

The top 25 wallets will receive VIP access, including a photo opportunity with Trump and a guided tour. All attendees will also receive a commemorative non-fungible token (NFT) minted on Solana. If the event is canceled, the NFT will still be issued in lieu of attendance.

Participants must cover their travel and lodging, and no guests are permitted. Eligibility is restricted by OFAC guidelines, which exclude nationals from sanctioned jurisdictions such as China, Russia, and Iran. Entry is open to non-US citizens otherwise.

TRUMP tokens are currently trading at $11.21, up 3% over the past 24 hours, according to CryptoSlate data.

The gala dinner was announced days after a major insider unlock on April 20 initiated a daily emission cycle for TRUMP tokens.

According to on-chain data, insider wallets labeled CIC Digital began receiving approximately $3.8 million worth of tokens daily, part of a broader unlock schedule running through April 2028.

This distribution follows an earlier $1.54 billion tranche released in January and a $311 million transfer to insiders on April 19.

On April 29, 1.346 million TRUMP tokens, valued at $19.5 million, were transferred to Binance (NASDAQ:BINANCE), OKX, and Bybit, further fueling speculation of insider activity tied to price performance.

According to blockchain analysis platform Kaiko, TRUMP trading volume soared by 200% following the dinner announcement. Centralized exchange activity briefly surpassed all other memecoins.

The initial announcement about the dinner on April 23 caused TRUMP to skyrocket by 53% within a few hours, surging from $9.40 to $14.37. The token's upward momentum continued until April 26, reaching $16.03, its highest price since March 3.