Rumors about a dinner hosted by Donald Trump for the top TRUMP token holders have ignited frenzy in the crypto community, leading to speculation and price fluctuations. The event promises exclusive access, but confusion around participation criteria has emerged amidst a flurry of social media chatter. 🕵️♂️
The team behind TRUMP meme coin clarified that achieving entry is tied to long-term holdings rather than initial investment size, dispelling misconceptions about the specific dollar threshold for participation. In their explanation, the team emphasized an open playing field, stating anyone who registered before the deadline can compete and enjoy the coveted dinner opportunity.
The leaderboard competition, designed to reward established holders, has also captured attention in the crypto sphere, as TRON founder Justin Sun amassed a staggering $14 million worth of TRUMP tokens. This move led to speculation about his ambition to secure a face-time with the former President.
However, skepticism regarding the event’s legitimacy is evident. Some voices have expressed concern about potential pump-and-dump schemes, highlighting a possible trend of buying and selling based on hype rather than genuine engagement.
Despite this, TRUMP’s price experienced a notable surge following the dinner announcement, soaring from $9 to over $16 in just minutes. The token has since corrected but continues to outperform the broader cryptocurrency market. The recent price jump, representing a 73.6% increase within the past week and a 62.4% climb over the last fortnight, reinforces the impact of the event on the TRUMP token’s valuation.
The details of the dinner remain shrouded in mystery as the team has remained silent regarding the event’s logistics and guest list. However, early reactions suggest that the hype surrounding this unique opportunity may have a lasting impact on TRUMP coin’s trajectory.