Trump plans to invite the top 220 holders of the official $TRUMP meme coin to a dinner. After the news was announced, $TRUMP soared in the early morning of the 24th, with the highest single-day increase exceeding 70%.

According to the official announcement, this limited-invitation dinner will be held on May 22 at Trump's golf club in Washington, DC. The invitees are the 220 investors who held the largest average amount of $TRUMP between April 23 and May 12, which means that interested big investors can still overtake and become the top 200 investors.

In order to encourage more supporters to actively participate, the official website has also launched a real-time ranking list. At the time of writing, the address ranked first held 400,005 tokens. The official pointed out: "The more you hold and the longer you hold, the higher your ranking will be."

Stimulated by this news, $TRUMP soared to $16 in the early morning, setting a new high since early March. Although the price has since fallen back below $13, it still represents a 33% daily gain at the time of writing. Despite the strong performance, it is still down more than 80% from its all-time high of $73.43 set on January 19.

It is worth noting that the timing of the announcement of the dinner also attracted attention. According to Tokenomist data, just one day before the news was released, locked $TRUMP tokens with a market value of approximately $300 million were unlocked and flowed into the market. Currently, about 75% of $TRUMP tokens are still locked, and the next large-scale unlocking is expected to take place in July, when more than $600 million in tokens will be unlocked.