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Trump Meme Coin Announces Exclusive Gala for Top Holders
By Drooid · · How we work
Trump Meme Coin Gala for Top Holders
The organization that manages the Official Trump (TRUMP) meme token has opened registration for an invitation-only dinner slated for late November at Trump National Golf Club in the Washington, D.C. area. President Donald J. Trump is listed as the featured speaker, and three additional guests described only as “legends” will also appear. Invitations are limited to the 185 highest-ranked token holders on a time-weighted leaderboard, with the top 29 qualifying for a separate VIP reception. The event page emphasizes that no private meetings with the President will occur and that attendees may not present gifts.
How Eligibility and Rewards Are Determined
Eligibility is calculated on a leaderboard that reflects how long tokens are held during a scoring window that runs from late September through early November. The final snapshot on the early-November cutoff determines the invite list. The four highest-ranked VIP participants will receive 18-karat gold watches bearing the Trump name; other VIPs are slated to receive Trump-branded fragrances, commemorative posters, and trading cards. The site notes that holders who liquidate their tokens before the cutoff will be removed from the leaderboard.
Political and Regulatory Reaction
Senators Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.) have labeled the token a “rug pull” and urged the Securities and Exchange Commission (SEC) to investigate the President’s involvement. The SEC, in a statement issued in February, clarified that meme coins are not automatically classified as securities and will be examined on a case-by-case basis to determine whether enforcement action is warranted. Democratic lawmakers have also criticized the venture in light of recent financial disclosures showing that Trump and his sons earned more than $500 million from a separate financial services firm launched in 2024.
Market Performance of the $TRUMP Token
When the token launched in early 2025, its price surged by roughly 550 percent to near $30, giving it a paper market value of about $30 billion. As of early October, the price has settled near $2, reducing the estimated market value to roughly $580 million. The token’s price remains volatile, reflecting the speculative nature of meme-coin assets as defined by the SEC.
Upcoming Timeline
The leaderboard’s eligibility period ends in early November, after which the final list of invitees will be confirmed. The gala itself is scheduled for late November, and organizers have indicated that the three “legends” will be announced shortly before the event. No further public meetings with the President are planned, and the event’s promotional materials reiterate that gifts will not be accepted from attendees.