Donald Trump has been touted as the keynote speaker at an event in Florida for the meme coin’s top holders, which is set to take place as the token hits an all-time low.
US President Donald Trump’s meme coin has risen slightly from its all-time low after the token’s development team announced that top holders will have the opportunity to interact with the president at another exclusive event.
The Trump Official (TRUMP) Token Team posted on X on Thursday that a luncheon with Trump will be held at his Mar-a-Lago mansion in Florida on April 25th, and the top 297 token participants will be able to attend.
Memecoin’s website advertises Trump as the event’s keynote speaker. However, a White House official told Politico that the event is not locked into President Trump’s schedule and will be held on the same day that Trump said he would attend the White House Correspondents’ Dinner.
Eligibility for the event is limited to the top 297 participants based on time-weighted holders from March 12th to April 10th. Attendees must also pass a background check. The top 29 participants will also be eligible to attend a private reception with Trump.
This is the second event for TRUMP token holders, the first being held at Trump’s golf club in May, which drew concern from critics who accused Trump of using his presidency for personal financial gain.
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The Trump token hit a high of $3.06 on Thursday amid news of the celebration, up from an all-time low of $2.73 hours earlier, according to CoinGecko.
Trump rose 2.4% in the past 24 hours to $2.94, but is down 96% from its all-time high of $73.43 in January 2025.
At the first event for TRUMP token holders last year, Tron founder Justin Sun attended as the largest token holder, and reportedly had enough to gift him a watch at the ceremony.
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Infinex founder Kane Warwick also attended the event after stocking up on enough TRUMP to beat the top 25 investors on the leaderboard.
U.S. senators and former staffers protested outside the event, and Bloomberg reported at the time that protesters chanted “shame!” “I hope I choke on it halfway through dinner!” said one attendee.
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