The Trump digital currency ($TRUMP) recorded a significant rise during trading on Wednesday, jumping by more than 45% within 24 hours, reaching a level of $13.01, according to data from CoinMarketCap, which propelled it to the 37th position among the largest cryptocurrencies worldwide in terms of market capitalization.
This strong surge comes after the announcement of an exclusive reward for TRUMP token holders, consisting of an invitation to a luxurious dinner to be held at Trump National Golf Club in Washington, D.C. on May 22. This announcement has resonated widely within the cryptocurrency community and has driven many to purchase the currency and compete for a spot at this exceptional event.
According to the official project website GetTrumpMemes, participants will be selected based on a leaderboard that ranks holders according to an equation that combines the number of tokens each user owns with the duration of holding them, during the period from April 23 to May 12. Applicants are required to register and provide personal information such as full name, email address, and phone number, in addition to linking their wallet on the Solana network.
Current data shows that qualifying to attend the dinner requires holding TRUMP tokens worth at least $362,000, but some users who have not completed the registration steps are still appearing in the top 80 positions, allowing smaller stake holders a temporary chance to win a spot on the list.
In an additional move to boost excitement, the project announced a "private reception for VIPs" dedicated to the top 25 holders on the list, noting that getting onto this list currently only requires holding about 300 TRUMP tokens, according to the latest update of the leaderboard which is updated hourly.
This move clearly demonstrates the strong impact of unique marketing campaigns in the cryptocurrency market, especially when linked to public figures or exclusive events, which provides "meme coin" projects with a significant boost toward rapid spread and competition in the global digital market.
