Crypto Whale Invests Over $5 Million in TRUMP Token Amid Presidential Dinner Invitation Frenzy
Crypto Whale Invests Over $5 Million in TRUMP Token Amid Presidential Dinner Invitation Frenzy
A major crypto whale has made headlines after investing over $5 million into the TRUMP meme coin, aiming to secure a coveted invitation to dine with former U.S. President Donald Trump.
On April 26, blockchain researcher EmberCN reported a sharp surge in whale activity surrounding the TRUMP token. One prominent investor, after realizing early profits of approximately $732,000, decided not to cash out but to double down, purchasing an additional 427,000 TRUMP tokens for roughly $5.73 million in USDC — at an average price of $13.40 per token. Of this amount, $5 million was withdrawn directly from Binance, while the remainder came from previous trading gains.
The increased trading activity has been financially rewarding for Trump's circle. According to Chainalysis, fees linked to TRUMP token transactions have generated nearly $900,000 for Trump’s associates in just the last two days.
The high-stakes investments are being driven by a unique incentive: a private dinner with Donald Trump himself. The TRUMP token team announced that the top 220 wallet holders would receive an invitation to a special dinner on May 22. Furthermore, the top 25 holders are promised access to an exclusive VIP reception and a private tour, fueling even more intense competition among investors.
Initial speculation suggested that securing a spot would require holdings worth hundreds of thousands of dollars. CryptoRank previously estimated that to crack the top 220, wallets would need to hold TRUMP tokens valued at over $395,000.
However, the project team quickly moved to dispel these assumptions, clarifying that only wallets appearing on the official "time-weighted" leaderboard — not public blockchain explorers — would be eligible. They pointed out that block explorer rankings include non-participating accounts such as exchanges and locked tokens, leading to widespread misunderstanding.
"People have been incorrectly quoting #220 on the block explorer as the cutoff. That’s wrong because it includes locked tokens, exchanges, market makers, and those not participating. Instead, you should only be going off the leaderboard," the TRUMP project stated.
As of this writing, the top-ranked wallet, dubbed "Sun," holds over 1.17 million TRUMP tokens, valued at approximately $18 million. Meanwhile, the 220th spot, currently occupied by user “Emi,” holds just over 418 time-weighted tokens — worth a far more modest $6,000.
The event has added an unexpected layer of excitement and strategy to the TRUMP token ecosystem, demonstrating how real-world incentives can drive significant movement in the digital asset markets.