US President Donald Trump is scheduled to host a private dinner for top holders of his TRUMP meme coin

US President Donald Trump is scheduled to host a private dinner for top holders of his TRUMP meme coin this Thursday at the Trump National Golf Club

US President Donald Trump is set to host a private dinner at his National Golf Club in Washington, D.C., this Thursday evening for top holders of the TRUMP meme coin.

The guest list could include up to 220 of the leading meme coin investors, though the exact number remains unclear.

According to a report by Bloomberg, the top 25 holders will receive a special tour of the White House during an “exclusive reception.” All attendees reportedly had to undergo background checks prior to the event.

However, 19 of the top 25 holders are based outside the United States, raising concerns over national security and ethics.

Among the confirmed attendees is Justin Sun, the contentious founder of the Tron blockchain. Sun, originally from China, previously faced legal action from Biden-era regulators for allegedly selling unregistered securities and manipulating market activity.

But now claims to be the top holder of the $TRUMP token.

Sun took to X (formerly Twitter) late Monday to announce that he had secured the no.1 spot on the $TRUMP token leaderboard, which in turn, earned him an invite to the president’s dinner and the exclusive VIP reception for top 25 holders.

"Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!"

"See you Thursday at the Trump National Golf Club in Washington D.C. for a great evening with fellow supporters of President Trump and the $TRUMP token. Can’t wait to connect with everyone, talk crypto, and discuss the future of our industry."

Other notable invitees include Singapore-based crypto network MemeCore and an Australian crypto entrepreneur.

What Are Meme Coins?

Meme coins, such as Dogecoin, are joke-themed cryptocurrencies that often gain popularity through viral marketing and online communities, rather than intrinsic utility or technical merit.

Bitcoin Hits Record High

In a broader crypto rally, Bitcoin soared to a new all-time high of USD 109,487 on Wednesday, eclipsing its previous record of USD 109,200 set on Inauguration Day. Prices later eased to around USD 108,400 by the evening.

Bitcoin has gained approximately 5 per cent over the past week and now posts a 16 per cent increase for the year to date.

Spot bitcoin ETFs are gaining traction as investors watch legislative developments favorable to the sector.

The TRUMP meme coin, which launched on January 17, initially soared to 75.35 on Inauguration Day before plummeting below USD 8 by April. However, the token has staged a sharp recovery — up 76 per cent over the past month — after Trump announced plans for the gala dinner in late April.