
Donald Trump will host a luncheon at Mar-a-Lago in Florida on April 25 for top TRUMP token holders. Following the announcement, the token reached a high of $4.35, an increase of over 50%. Santiment data shows that the number of whale wallets holding more than 1 million TRUMP has risen to 83. However, analysts note that this token tends to follow a consistent “speculation retreat” pattern before and after each event.
Luncheon Eligibility and Whale Concentration: The Entry Threshold Determines the Final Winners

(Source: CoinCarp)
According to the Trump team, the luncheon has clear entry criteria: the top 297 token holders are invited, with the top 29 qualifying for a private meeting with the President, subject to a background check.
CoinCarp data reveals the distribution of TRUMP holdings:
- Total holders: 642,882
- Top 10 wallets hold over 91% of TRUMP supply
- Top 100 wallets hold over 97% of TRUMP supply
Zeus Research analyst Dominick John states that the opportunity to meet the U.S. President at Mar-a-Lago “is becoming a powerful catalyst for token accumulation.” Tether CEO Paolo Ardoino has confirmed attendance and spoken at the event. John believes his presence “may signal major ecosystem announcements, potentially turning this event into a showcase for TRUMP token development.”
Historical Pattern of Last Year’s Feast: Surge After Announcement, Decline After Event
The first TRUMP token feast in May 2025 provides important historical reference. The event was announced on April 23, and the token peaked at $15.59 two days later on April 25. However, the price then continued to decline: on the day of the luncheon (May 22), it dropped to $14.51; a week later, it fell further to $12.46; and after a month, it reached $8.90, down more than 40% from the peak.
Dominick John comments, “Trump’s events usually follow a fixed pattern—speculation rises after the announcement, then dips after the event. Unless there are new substantial developments, the April luncheon may repeat this trend.”
Regulatory Pressure: Three Bills Attempt to Cut Off Politicians’ Meme Coin Profiteering Chain
As market enthusiasm grows, U.S. lawmakers are trying to legally restrict politicians from profiting from meme coins. Currently, three related bills are in committee review and have not yet been voted on:
- MEME Act (Modern Compensation and Malfeasance Enforcement Act, proposed February 2025): Bans federal officials from profiting from meme coins.
- Crypto Corruption Ban: Prohibits federal officials from issuing, promoting, or selling digital assets, including meme coins.
- COIN Act (Restrictions on Officials’ Income and Disclosure Act): Has seen little progress since last year. During the first feast last year, senators and former officials protested outside the event venue.
Frequently Asked Questions
Q: What is the main driver behind TRUMP token’s recent rise?
Trump announced a luncheon at Mar-a-Lago on April 25 for top holders, with entry for the top 297 and private meeting access for the top 29, sparking competitive accumulation. After the announcement, the token surged to $4.35, and whale wallets hit a five-month high.
Q: How has TRUMP token performed after past events based on historical data?
Data from the May 2025 feast shows the token briefly peaked after the announcement, then steadily declined—over 40% a month after the event. Analysts suggest that without major new developments, the April luncheon may follow a similar “speculation-retreat” pattern.
Q: What is the current status of regulatory legislation on TRUMP meme coins?
The U.S. Congress has proposed three bills—the MEME Act, Crypto Corruption Ban, and COIN Act—aimed at restricting federal officials from profiting from meme coins. All are still in committee review, with no bills yet passed into law.
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