A new wave of TRUMP token holders are on a buying spree

After an announcement that the top 220 token holders will secure a dinner invite

A new wave of TRUMP token (ticker: TRUMP) holders are buying into the token, not just for potential profits but also for a unique opportunity—to dine with president Trump himself.

Following an announcement that the top 220 token holders will be invited to a dinner, one trader went all in, pooling together $5 million, or 407,467 tokens, at an average price of $12.27 to secure a seat at the table.

Such is the frenzy around the token. Another cold HTX wallet was seen buying up a massive chunk of $TRUMP, adding nearly $14.5M to their bag in a single day, the biggest we've seen so far and registering the biggest bag at the moment.

But on the same day, an unlucky trader sold their entire position of 630,339 tokens for $5.48 million just before the news broke.

If the trader had held on for just 30 minutes more, they could have potentially sold at a higher price and ultimately realized an additional $4.5 million in profit. A small difference in time could have led to a huge disparity in gains.

For entry, one must hold at least 28K TRUMP (nearly $380k), with the top 25 holders also set for a reception and VIP White House tour.

While many are framing this move as a clever power play by Trump, others are criticizing it, saying that it will surely lead to a massive pump and short squeeze.

"Let that sink in: Trump, his family & businesses control the coin, so he's essentially telling people to pump his assets if they want to sit at his table. It's a pay-to-play scheme dressed up as a meme & it's everything America is supposed to stand against. Oh & the lockup period for insiders to dump the coin ended last week."

Another noted that Trump is a marketing genius who is trying to pump the coin right before the huge coming unlocks.

"It’s obviously a good scheme to extract as much value as possible for as much time as possible, wrecking us even more. Stay safe!"

This is a first-of-its-kind event as it blends political campaigning with blockchain-based loyalty.

Market observers are framing this as token-gated access, a familiar concept in Web3. However, the involvement of a high-level political leader raises questions—does this truly democratize access based on support, or is it simply replacing traditional high-dollar donor dinners with digital wallets?

This move also appears to be part of Trump’s broader strategy to engage with crypto voters, who are becoming an increasingly important demographic.

With crypto regulation remaining a key US policy debate, this experiment in Web3 engagement might also be an attempt to appeal to that voter base.