- The TRUMP memecoin team will host a Mar-a-Lago luncheon for the top 297 token holders based on time weighted holdings.
- TRUMP token price rose slightly after the event news but the memecoin remains far below its January 2025 peak.
- Top 29 TRUMP holders will also attend a private reception if they maintain their positions until April 10.
The team behind the Official Trump memecoin have announced they will hold a new private event for the token’s largest holders. The gathering will take place at Mar-a-Lago in Florida on April 25. Organizers confirmed that top investors may attend a luncheon featuring US President Donald Trump.
The invitation targets the top 297 holders of the TRUMP token. Rankings depend on time-weighted holdings recorded between March 12 and April 10. Investors must maintain their balances throughout that period to qualify. Additionally, organizers require every selected attendee to complete a background check.
The project also created a second tier for the largest investors. The top 29 holders will gain entry to a private reception connected to the luncheon. Meanwhile, the event website lists Trump as the keynote speaker for the gathering. However, a White House official told Politico the event does not appear on Trump’s official schedule.
The planned luncheon falls on the same day as the White House Correspondents’ Dinner. That overlap created uncertainty around Trump’s confirmed participation. Nevertheless, the token team continues promoting the event on its official website.
Token Holder Rankings Decide Event Access
The eligibility system relies on time-weighted holdings rather than simple wallet balances. Consequently, traders cannot accumulate tokens shortly before the cutoff. Instead, the system favors investors who maintain consistent holdings across the tracking period. Organizers designed the method to reward long-term token supporters.
The ranking period started on March 12 and will run until April 10. After the window closes, organizers will review the leaderboard and confirm the final attendee list. Additionally, each qualified participant must pass a security review before attending the event.
The luncheon marks the second gathering arranged for TRUMP token holders. A similar event occurred in May at a Trump golf club. That earlier meeting attracted media attention and political criticism.
TRUMP Token Rebounds Slightly After Event News
The TRUMP memecoin saw a short price recovery after the announcement circulated online. Market data shows the token climbed to $3.06 on Thursday. The rally occurred hours after the asset recorded an all-time low of $2.73.
The price movement reflected a modest reaction from traders. At the time of writing, the token trades near $2.94. That level represents a 2.4% increase during the past 24 hours.
However, the asset still sits far below its previous peak. CoinGecko data shows the token remains roughly 96% below its January 2025 high. During that earlier surge, TRUMP reached a record price of $73.43.
Earlier Holder Event Drew Attention and Protests
The first TRUMP holder gathering attracted several well-known crypto figures. Tron founder Justin Sun reportedly held the largest token position at that event. Reports noted that Sun received a watch during a ceremony connected to the gathering.
In addition, Infinex founder Kain Warwick attended after acquiring enough tokens to reach the top 25 leaderboard. The event also sparked political reaction outside the venue. Protesters gathered near the location and criticized the gathering.