Buyers of US President Donald Trump’s $TRUMP meme coin are expected to learn Monday if they’ve won an opportunity to dine with the president at his country club outside of Washington, DC, on May 22nd.
The event, which the president promoted on social media as the “most EXCLUSIVE INVITATION in the world,” promises the top 220 holders of the $TRUMP meme coin an invite to a gala dinner with the president, while the top 25 will also enjoy “an ultra-exclusive private VIP reception” with the president as well as a “Special VIP Tour.”
The website says that the winners will be ranked by their "time-weighted" $TRUMP holdings, which are calculated from the time the contest was announced on April 23 to the cutoff on May 12. The top 220 "time-weighted" holdings amounted to $160 million worth of $TRUMP coin as of Friday, according to crypto intelligence firm Inca Digital.
The coins surged to $75 after Trump announced them over his Inauguration weekend before falling to a low of $7.50. On Sunday, $TRUMP was trading around $14.
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