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The organization behind the Official TRUMP memecoin has announced plans for another exclusive event aimed at its largest token holders: a luncheon with President Donald Trump at Mar-a-Lago in Palm Beach, Florida, scheduled for April 25. The announcement was made Thursday, March 12.
According to the announcement, 297 individuals holding the largest quantities of the TRUMP token will be eligible to attend the luncheon. The top 29 holders will receive additional access to an intimate reception featuring Trump. The token’s official website lists Trump as the keynote speaker.
Eligibility is based on specific criteria tied to time-weighted token ownership calculated from March 12 through April 10. The announcement also states that every attendee must complete a background investigation before admission.
Following the announcement, the TRUMP token briefly rose from its record low of $2.73 to $3.06 before falling back. The token is currently trading around $2.94 to $2.98, representing roughly a 2% daily increase.
Despite the rebound, the cryptocurrency remains approximately 96% below its January 2025 all-time high of $73.43. That peak occurred shortly after the token’s debut, before Trump’s presidential inauguration. When the initial dinner for TRUMP token holders was announced in April 2025, the token was valued at about $13 on average. Since that announcement, its value has declined sharply.
The first TRUMP token holder dinner took place at a Trump golf facility in May 2025. Among the attendees was Tron founder Justin Sun, who participated as one of the project’s largest investors. Infinex founder Kain Warwick also attended after acquiring enough tokens to secure a spot among the top 25 holders.
Critics and demonstrators previously opposed the earlier dinner event, with protesters gathering outside the venue. Democratic politicians also voiced opposition, arguing that Trump was generating revenue from a cryptocurrency token while appointing regulatory officials to oversee the crypto sector and supporting legislation viewed as beneficial to it.
The objections were cited as contributing to congressional delays affecting crypto-related legislative proposals.
The issuer’s notes on its website state that the project “is not political and has nothing to do with any political campaign or any political office or governmental agency,” and that there will be “no private meetings with the President and no solicitations.”
Mar-a-Lago also hosted a cryptocurrency conference last month organized by World Liberty Financial, another digital asset venture co-owned by Trump and members of his family.
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