Trump Memecoin Dinner Tonight… What Message Will It Deliver?

220 TRUMP Token holders are set to gather at President Trump's Virginia Golf Club for a gala dinner. Many attendees are expected to come from other countries, with TRON Justin Sun confirmed confirmed to be leading the leaderboard.

BeInCrypto has compiled a list of confirmed and potential attendees, on-from research institutionAnsen and CryptoQuant to evaluate the long-term impact on on TRUMP price performance after the event.

Inside the Trump Dinner Gala

Tomorrow, 220 top TRUMP holders will arrive at Trump's Virginia Golf Club located outside Washington D.C., paying millions of dollars to participate in an exclusive dinner with the president.

Among them, 25 will exclusively tour the White House before directly attending.

While most wallets are pseudonymous, multiple reports suggest most attendees are associated with international exchanges not targeting US users indicating they reside outside the United States.

Other other attendees have already confirmed their social media posts p p>

Leaderboard #1, Justin Suntfounder Justin Sun has invested approximately $16 million in TRUMP, ranking first on the leaderboard. His total holdings exceed 1.43 million. Sun confirmed his attendance on X, adding that the the dinner will provide an important important opportunity to connect with various leaders.

Honored to support @POTUS and grateful for the invited the @GetTrumpMemes to attend President Trump's Gala Dinner as his TOP fan!

As the top holder of <$TRUMP, I'm excited to connect with everyone, talk crypto, and discuss the future of our industry. 🇺🇸 .>— Justin 🍌 (@justinsuntrontron) < a href="https://twitter.com/justinsuntron/1924676460461310008?ref_src=_src=src%5SFw noMay 020, ref 22025

In addition totime to inEME coin, Sun previously invested $$75 million in World Liberty Financial. 75% of the project's revenue is directly transferred to Trump-owned enterprises.

In 2023, the US Securities and Exchange Commission (SEC) accused Sun of market manipulation and offering unregistered securities.

Regulatory authorities requested various prohibition orders that would significantly limit his continued cryptocurrency activities within within the United States.

<,2Eme Core, 2nd Challenger

Singapore-based cryptocurrency network MemeCore ranked second by investing $18.6 million in approximately 1,400,000 TRUMP Coins

This company supporting meme coins and culture has repeatedly stated its intention intention first onboard. They also encouraged individuals to donate TRUMP To coins to the campaign, offering bonuses to donors.

make MECO GREAT br're not just aiming for #1 on the the $TRUMP leleaderboard — we're here to conquer the entire meme space.
This is your chance to create your own token and Make MemeCoreCoreCore Great Again🧢

🎯How to join join:⃣ Step 1:→ Access:… https://t.co/vuAnpOzv pic.twitter.com/OBPHMc8VM8a>April 29, 2025

The list continues.

Warwick previously expressed his desire to meet Trump in an interview and admitted to purchasing a significant amount of TRUMP in January.

"Wick" is one of the wallet names included in the top 220 list. However, Warwick has not publicly commented on his attendance.

Regardless of interest in the dinner guests, the data shows that TRUMP's value consistently responds to major news.

Major Announcement, Impact on TRUMP Price?

TRUMP's price movements have been primarily driven by events since its launch at the beginning of the year.

So far, the two major events that have led the meme coin to new highs are Trump's presidential inauguration and the gala dinner announcement. TRUMP's price has also sharply declined after controversial announcements related to trade policies.

"For example, when [the winner] was announced on May 12th, the token's trading volume surged to $530 million. Prior to that, the trading volume reached $1 billion at the end of April due to Trump's announcement of tariff suspension. Similarly, TRUMP's price recovered from $7.5 to $12.7 during this period." – Julio Moreno, Research Director at CryptoQuant.

Evidence suggests that despite high speculative trading volume, the TRUMP meme coin has generally caused more losses for participants.

Harsh Reality, More Losers Than Winners?

According to data analysis by research company Nansen, approximately 20 million TRUMP tokens worth around $280 million have been moved to digital wallets holding at least 10 TRUMP tokens after the announcement. Meanwhile, outflows reached about $109 million, indicating a surge in speculative trading.

However, the data paints a grim picture. Despite over 2,600 traders participating, 70% incurred losses, with total losses exceeding $21 million after the announcement, far surpassing any gains.

"With most participants currently in the red, the Trump dinner gamble is proving costly for many, with attention-grabbing incentives driving short-term demand." – Analysis by Nicolai Sondergaard, Nansen Researcher.

As the competition ends and the dinner approaches, TRUMP's price will be highly sensitive to the president's future announcements.