Trump Hosts Exclusive Dinner For Top $TRUMP Token Holders

Not so long ago, the memecoin OFFICIAL TRUMP – known by the ticker $TRUMP – struggled to convince. After flirting with a market capitalization of 8 billion dollars, the token seemed doomed to join the crypto graveyard of abandoned projects. But that was without counting on the flair of its godfather, Donald Trump, who, as a seasoned political operator and businessman skilled in the art of spectacle, decided to revive his crypto in red carpet and candlelight mode.

A Presidential Announcement That Boosts the TRUMP Token

It only took a dinner. But not just any dinner. By announcing a gala evening reserved for the 220 largest holders of $TRUMP, Donald Trump, author of a global economic chaos, created a shockwave in the crypto microcosm. The promise? A meal served at the Trump National Golf Club, in the company of the president himself, with no plus-one or exceptions. A concept worthy of reality TV, but one that paid off.

Because the effect was immediate: the $TRUMP token jumped over 70% in 24 hours, rising from $9.3 to over $16, before settling back around $13. “The most exclusive dinner in the world,” proclaimed the promotional page – evidently, that was enough to whet investors’ appetites.

And for the top 25 in the ranking? A private reception and a special visit with the president.

A promotional jackpot, but also a showcase of Trump’s strategy: making the memecoin a soft power weapon in his political comeback. As Reuters pointed out:

The Trump family has recently increased their incursions into the crypto world, generating hundreds of millions of dollars in fees.

Crypto Marketing Trump Style: Between Glitter and Controversy

Behind this $TRUMP surge is a well-oiled mechanism. By creating scarcity, flattering the egos of large wallets, and playing on exclusivity, Trump is doing nothing other than reinventing access to power: holding a token means holding a ticket to the presidential table. Or almost.

An appealing idea for some, but one that also raises ethical questions. Who really benefits from this evening? And what is the purpose of the money injected into these dinners?

According to Wired, some meetings with Trump at Mar-a-Lago command up to 5 million dollars for a tête-à-tête. Enough to pique the interest of the tax authorities, and raise suspicions among regulators.

As Donald Moynihan, professor at the University of Michigan, indicated:

What worries us is not the fundraising, but the privileged access and influence it enables.

A crypto used as a political entry key, which shakes up the boundaries even more.

But in the crypto world where promises sometimes matter more than products, this kind of initiative finds its audience. After all, between memecoins with no rhyme or reason and those offering a dinner with a former president, the choice is quickly made.

Between Lightning Comeback and Fragile Foundations

$TRUMP is regaining ground, but the balance remains precarious. This lightning comeback, alongside the rise in the bitcoin price, does not erase the dizzying fall of recent months, with the price divided by ten from its peak. Because let’s remember, at its height, the crypto displayed a capitalization of 8 billion dollars, compared to 2.7 billion today.

The event scheduled for next May 22 in Washington thus promises to be the last gamble to stabilize the memecoin’s momentum. “These types of evenings represent a new way to retain investors in a world where speculation has become emotional“, analyzes an industry observer.

But beyond the buzz, the fundamentals remain fragile: no concrete use case, no technological innovation, only the promise of a dinner with Trump. A strategy based on personality rather than the project. Risky? Probably. Effective? Until proven otherwise, yes.

$TRUMP seems to have understood one thing: in the world of cryptos, volatility is an asset, especially when it wears a suit and tie and shakes your hand between two bites of filet mignon.

Let us recall, just last week, the figures were clear: $TRUMP showed a 90% drop, nearly 2 billion in losses. Far from the gilded presidential table, some investors are still nursing their wounds. But in an ecosystem where irrationality rules, who knows? Maybe just sitting next to Trump is enough to make the market’s heart beat.