Donald Trump’s Solana-based meme coin TRUMP briefly surged more than 10% after organisers announced an exclusive event for top token holders at the president’s Mar-a-Lago estate on April 25.
The token climbed to about $3.08 during Thursday trading before retracing, leaving it around $2.92 and nearly 96% below its all-time high since launching in January 2025.
“One day. One room. The world's power players,”
The Trump Memes website says.
The event will invite the top 297 registered TRUMP holders based on a time-weighted points leaderboard measuring token ownership between March 12 and April 10.
The top 29 holders will also receive access to a VIP reception with Trump and 18 unnamed “influential guests,” though organisers said no private meetings or gifts will be allowed.
The announcement follows a similar previous event held at Trump National Golf Club in Virginia that drew criticism from lawmakers and industry observers over potential political influence tied to token ownership.
Demonstrators also gathered outside the earlier gathering, while Democratic Senator Elizabeth Warren called the gala an “orgy of corruption” and urged an ethics investigation.
At the time of reporting, Official Trump price was $2.94.