WEST PALM BEACH, FLORIDA - NOVEMBER 06: Republican presidential nominee, former U.S. President Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Americans cast their ballots today in the presidential race between Republican nominee former President Donald Trump and Vice President Kamala Harris, as well as multiple state elections that will determine the balance of power in Congress. (Photo by Chip Somodevilla/Getty Images)
President Donald Trump invited the top 220 investors of his cryptocurrency, $Trump, to a private dinner at the Trump National Golf Club in Virginia.
The $Trump coin was unveiled three days after Trump’s inauguration and, in early March, lost more than 80% of its value.
The president’s supporters lost over $12 billion after the value of his meme coin crashed.
According to an invitation posted on the meme coin’s website on April 23, described as “the most EXCLUSIVE INVITATION in the World,” the website’s “leaderboard updates hourly in real-time.”
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“Your $Trump coin count puts you in the running,” the invitation said. “The competition is fierce. Own $Trump or watch from the sidelines.”
The invite mentions that before the dinner at the members-only club, which is black tie optional and set to take place on May 22, the “Top 25 holders are going to be invited for an ultra-exclusive private VIP Reception with Trump,” as well as receive “a Special Tour.” The tour was reported by multiple outlets to be of the White House.
It also notes that possible guests will get to “hear close-up, from President Trump, about the future of Crypto.”
“Connect your wallet and submit your Full Legal Name, Email, and Phone Number so we can contact you if you win,” it instructs, adding that this information would not be revealed publicly.
“From April 23 to May 12, hold as much $Trump as you can,” it went on to say. “Your average holdings during this period will determine your ranking. The more $Trump you hold – and the longer you hold it – the higher Your Ranking will be. After the holding period ends, the Top 220 holders with the highest average $Trump holdings will be selected. Watch your ranking on the leaderboard. Don’t Miss Out, Have Fun!”
“If you are one of the Top 220 $Trump holders, you’ll receive an invitation with details to confirm your attendance at the Gala Dinner with Dinner details on May 22, 2025,” the invite reveals.
After the invitation was posted on the $Trump meme coin website and X account, the value of the meme coin increased as much as $5.32, or 58%, to $14.32 on Wednesday afternoon.
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