A cryptocurrency wallet that had been dormant for five months woke up on Thursday with more than $7 million in value accumulated. $Trump The token has soared more than 60% from its all-time low after the official team of the meme coin tied to the US president announced a second gala event for top holders.
According to on-chain data from Arkham Intelligence, wallets began purchasing tokens from Binance’s hot wallet starting at 01:49 UTC on March 13, several hours after the gala announcement. I saved about 2.2 million yen in my wallet. $Trump It takes place over four transactions. The initial single-token test purchase was followed by two purchases of approximately 1 million tokens each (worth a total of $6.23 million), and a further purchase of 200,000 tokens (worth $742,000).
X’s TrumpMeme account announced a conference and gala luncheon at Mar-a-Lago on April 25th. The top 297 participants can participate in this event. $Trump Holders by time-weighted average balance from March 12, the announcement date, to April 10.
$Trump After falling to an all-time low of nearly $2.71 early Thursday, the stock soared to $4.50 and has since returned to around $3.90, still up about 44% from its bottom. According to Arcam data, the wallet has increased approximately $2.47 million from its position at the time of publication, valuing its total holdings at $9.44 million.
The new event mirrors a dinner held at Trump National Golf Club in May 2025, which drew criticism from lawmakers and ethics watchdog groups over the president’s access to incentives for holding tokens. A disclaimer on the new event’s website says Donald Trump will appear in a personal capacity and there will be no private meetings.
$Trump It has fallen about 96% from its all-time high of about $74, which was set just before President Trump took office in January 2025.
