Donald Trump is set to be the keynote speaker at an exclusive gathering for top memecoin investors in Florida, an event that arrives as the token experiences record low values.

The Official Trump (TRUMP) token team’s announcement revealed that the luncheon, scheduled for April 25, will allow the top 297 holders of the token to engage with Trump at his Mar-a-Lago estate. However, a White House spokesperson commented to Politico that this event may not be on Trump’s official agenda, as it coincides with the White House Correspondents’ Dinner.

Eligible participants must qualify based on time-weighted holdings between March 12 and April 10. Additionally, a background check is required, with the top 29 holders receiving invites to a private reception with Trump.

Event Announcement Source: TrumpMeme

This will be the second event for TRUMP token holders, following one at a Trump golf club in May, which raised eyebrows due to accusations of potential conflicts of interest during Trump’s presidency.

TRUMP Sees Boost Due to Upcoming Gala

Following the announcement of the gala, the TRUMP token increased slightly to $2.94 from an all-time low earlier of $2.73. The coin hit a peak value of $3.06 on Thursday, even as it remains decreased by 96% from its peak of $73.43 in January 2025.

During the inaugural event in the previous year, Tron founder Justin Sun was noted for being the top token holder, reportedly receiving a watch in a ceremonial presentation. Also, Kain Warwick, the founder of Infinex, attended after accumulating enough TRUMP tokens to be among the top 25 holders. Protests were mounted outside the event, with protestors expressing their dissent vocally, as reported by Bloomberg.

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