The team behind the memecoin linked to Donald Trump is promoting a new exclusive conference and luncheon for top holders of the TRUMP token at Mar-a-Lago on April 25.
Invitations will be sent to the top 297 holders based on their time-weighted average holdings on Robinhood between March 12 and April 10, with the top 29 receiving access to a VIP reception and champagne toast with Trump and other special guests.
The token briefly rose about 3% after the announcement but remains down roughly 96% from its peak near $74 in early 2025. The promotion mirrors a similar event last year that faced criticism from lawmakers and watchdog groups over concerns that wealthy investors could effectively buy access to the president.