Official Trump (TRUMP) Up 28% in 24 Hours—What’s Behind the Pump?
0
0

On April 23, President Donald Trump announced a private dinner for the top holders of his TRUMP memecoin, set for May 22 at the Trump National Club in Washington, D.C. The project shared the announcement on X (formerly Twitter), describing the event as a “night to remember.”
Following the announcement, Official Trump (TRUMP), which steadied around the $8 price over the past week, posted significant gains of over 28% in the past 24 hours. According to CoinGecko data, the meme coin surged 65.8% to an intraday high of $14.69 before relinquishing some of its gains.
The coin’s price spike reflects investors’ frenzy to secure a seat at the presidential dinner. Meanwhile, at the time of writing, TRUMP is trading at $12.14, maintaining just 29% of its entire gains.
“A Night to Remember”
Notably, the event aims to entertain 220 investors with a competitive avenue that will give all asset holders a chance to earn a seat at the private dinner. Those who make it into the top 220 will receive an official invitation with detailed instructions to confirm their attendance at the gala dinner.
The event promises a once-in-a-lifetime experience, where attendees will dine with President Trump and gain insights into his vision for the future of cryptocurrency. It’s a rare opportunity to mingle with a global figure at his private Trump National Golf Club, an iconic venue known for its luxury and prestige.
Meanwhile, as a bonus, the top 25 holders will gain access to an ultra-exclusive VIP reception with the president before the gala dinner. This additional perk elevates the stakes, offering an even more intimate setting for the highest-ranking investors.
With such high rewards on the line, the TRUMP dinner is not just a gala but rather a historic moment for crypto enthusiasts and Trump supporters alike. The aim is to incentivize investment in the cryptocurrency launched on January 17 on the Solana blockchain.
How It Works
Here are the various criteria required to feature among the top 220 investors. First, participants must register and connect their cryptocurrency wallet, providing their full legal name, email address, and phone number for contact purposes. Meanwhile, the organizers will not publicly reveal the provided details.
This initial step ensures that organizers can reach out to winners while maintaining confidentiality, setting the stage for a seamless selection process for the high-profile event. Next, participants are required to hold as much TRUMP as possible from April 23 to May 12.
The rules stipulate that your average holdings during this period will determine your ranking on the leaderboard. The more TRUMP you hold and the longer you maintain your position, the better your chances of climbing the ranks.
This incentivizes both large investments and sustained commitment, creating a competitive race among investors vying for a coveted spot. After the holding period ends, the project will select the top 220 holders with the highest average TRUMP holdings.
A leaderboard will allow participants to track their rankings in real-time, adding an element of excitement and urgency to the competition. Meanwhile, the organizers encourage participants not to miss out, emphasizing the fun and exclusivity of the event while urging investors to stay engaged throughout the three-week window.
The post Official Trump (TRUMP) Up 28% in 24 Hours—What’s Behind the Pump? appeared first on Cointab.
0
0
Securely connect the portfolio you’re using to start.