President Donald Trump has officially confirmed that a private gala dinner will be held on May 22 at the Trump National Golf Club in Washington, D.C., exclusively for the top 220 holders of his TRUMP memecoin. The announcement was made via social media on May 5, generating significant buzz within the crypto community.
The event is being organized by Fight Fight Fight LLC, a Trump-affiliated entity. Eligibility will be determined based on a leaderboard tracking the time-weighted average balance of TRUMP tokens held between April 23 and May 12. Only the top 220 wallets will qualify for entry.
VIP Access and NFT Rewards
According to prior reports, the top 25 wallets will receive VIP access, including a photo opportunity with Trump and a guided tour of the venue. All attendees will also be gifted a commemorative NFT, minted on the Solana blockchain. If the event is canceled, the NFT will still be distributed as a memento.
Attendees must fund their own travel and lodging, and no additional guests will be allowed. Participation is subject to OFAC compliance, excluding nationals from sanctioned countries like Russia, China, and Iran, though non-U.S. citizens from non-restricted regions are welcome.
Market Impact and Insider Activity
The announcement has had a noticeable impact on the TRUMP token, which was trading at $11.21 at press time—up 3% in 24 hours, according to CryptoSlate. Trading volume surged 200% following the dinner announcement, with centralized exchanges temporarily leading memecoin activity, as noted by blockchain analytics firm Kaiko.
The gala news comes shortly after a major insider token unlock on April 20. Wallets associated with CIC Digital began receiving $3.8 million in TRUMP tokens daily, part of an emission cycle set to run through April 2028. These movements followed a $1.54 billion unlock in January and an additional $311 million sent to insider wallets on April 19.
On April 29, another 1.346 million TRUMP tokens—worth roughly $19.5 million—were transferred to major exchanges including Binance, OKX, and Bybit, fueling further speculation over insider-driven market activity.
The token initially spiked 53% from $9.40 to $14.37 following the first dinner announcement on April 23, eventually peaking at $16.03 on April 26, marking its highest price since March 3.
