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▲ Trump Coin, Official Trump (TRUMP) / AI-generated image
A meme coin offering an invitation to a dinner with former U.S. President Donald Trump has reappeared. The Official Trump (TRUMP) project announced a gala dinner event for its top holders, leading to a short-term rebound. However, warnings are growing about the potential recurrence of the large-scale profit-taking and mass sell-offs that occurred just before past events.
According to virtual asset specialized media BeInCrypto on October 1 (local time), the TRUMP project announced that it would invite the top 185 token holders to a gala dinner to be held at the Trump National Golf Club in Washington D.C. on November 22. Trump is scheduled to appear as the main speaker along with three superstars. Wallets that have held the most tokens for the longest time until the snapshot on November 12 will be selected through a time-weighted leaderboard launched on September 30. The top 4 VIPs will receive an 18K gold Trump watch as a prize.
Following the announcement of the event, TRUMP rose 3.74% to $2.14 over 24 hours, outperforming the overall virtual asset market, which fell 2.36% during the same period. However, despite the short-term rebound, it has fallen 9% over the past month and plunged 55% year-to-date. Compared to its all-time high, it has plummeted by more than 96%, indicating that individual investors' cumulative losses have reached an extreme level.
The fact that large-scale cash-outs by top whales have been repeated at similar past events is considered the biggest pitfall. During the Washington dinner in May 2025, 92 out of 220 invitees sold all their TRUMP tokens and exited just before the event. Similarly, when the Mar-a-Lago conference was announced in April 2026, the exchange balance surged to 41 million tokens immediately after a 49.65% surge, giving back all the gains.
The organizers have introduced new anti-exit clauses, such as disqualifying holders who fail to maintain their balance until the main event on November 22 after the snapshot. Experts pointed out that investors should be wary of the risk of a "sell bomb" from whales hidden behind short-term event-driven positive news.
[Article Key Summary]
-Official Trump (TRUMP) will host a gala dinner attended by Trump on November 22 for the top 185 holders.
-Immediately after the announcement, it rebounded by 3.74%, but it has plummeted 55% year-to-date and 96% from its all-time high.
-Concerns about large-scale profit-taking persist, as more than 40% of invitees sold all their tokens during past dinners.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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