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TRUMP Coin Price Rallies 9% As Whale Bags $2M Coin Ahead Trump Dinner

TRUMP Coin Price Rallies 9% As Whale Bags $2M Coin Ahead Trump Dinner

TRUMP price has experienced price momentum in recent days with last week’s price increase of 68.9% and last month’s price increase of 9.9%. The upsurge is achieved as per on-chain figures, a fresh wallet withdrew recently 150,100 TRUMP tokens from Binance.

The substantial token purchase appears connected to an upcoming exclusive event. This is where top TRUMP token holders will have the opportunity to attend a private dinner with President Donald Trump.

TRUMP coin whale activity and exclusive dinner access

On-chain analytics platform Lookonchain has tweeted about a major TRUMP token acquisition linked to the upcoming dinner event. As per them, a user created a new wallet a few hours ago and withdrew 150,100 TRUMP from Binance for the TRUMP dinner. In addition, this major purchase suggests strong interest in gaining access to the exclusive gathering.

The event appears to be structured as an incentive for large token holders. The details of the event show that the “top 25 coin holders” will receive invitations to a private reception with former President Trump. Based on the current leaderboard, a position in the top 25 would need holdings worth millions of dollars.

TRON founder Justin Sun has apparently taken the top spot with a holding of 1,176,803 TRUMP tokens worth about $14.32 million. This suggests that Justin Sun may attend Trump’s dinner. At number two is “MeCo” with 1,195,067.278 tokens, while third place goes to “CASE” with 400,005 tokens.

Source: Trumpdinner website

The leaderboard also displays a metric called “Time Weighted $TRUMP Holdings.” This appears to factor in how long tokens have been held which will reward longer-term holders. Under this metric, Sun maintains his top position with a weighted value of 706,518.006.

Meme coin price pumps amidst whale activity

The Trump price has jumped close to 9% in the last 24 hours amidst the whale activity. The TRUMP token dinner event is being marketed as “the most EXCLUSIVE INVITATION in the World.”

It is specifically targeted at the top 220 TRUMP meme coin holders. According to promotional materials displayed in the announcement, participants will have the opportunity to “Hear First-Hand President Trump Talk about the Future of Crypto” at what is described as an “Intimate Private Dinner.”

Beyond the dinner itself, top holders will receive additional benefits. The promotion states that the top 25 coin holders will be invited to “an Exclusive Reception before Dinner with YOUR FAVORITE PRESIDENT.” These individuals will also receive a “Special VIP Tour” that requires them to “stay in town” for the complete experience. This comes at a time when Trump recently suggested that it’s a great time to buy the dip.

The post TRUMP Coin Price Rallies 9% As Whale Bags $2M Coin Ahead Trump Dinner appeared first on CoinGape.

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