The value of the TRUMP token experienced a slight rebound, rising to $2.94, after hitting an all-time low of $2.73 earlier in the day. This increase follows the announcement of an exclusive luncheon with Donald Trump at his Mar-a-Lago residence in Florida, scheduled for April 25. The opportunity is available to the top 297 holders of the token, as stated by the token's team on X.
Eligibility for the event is determined by time-weighted holdings from March 12 to April 10, with attendees required to pass a background check. Notably, the top 29 holders will gain access to a private reception with the former president. However, a White House official indicated that the event is not confirmed on Trump’s schedule, coinciding with the date of the White House Correspondents' Dinner.
This event marks the second gathering for TRUMP token holders, following a previous event at a Trump golf club last May. The earlier event drew criticism, with protesters expressing discontent over perceived conflicts of interest. The TRUMP token remains significantly lower than its peak of $73.43 in January 2025, reflecting a decline of 96% from that high.