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Crypto whales buy TRUMP tokens to secure exclusive Mar-a-Lago event access despite price drop

Market News
13 Apr 2026
Crypto news
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Large investors are increasing their holdings of the TRUMP memecoin to gain entry to an exclusive luncheon and private reception with the president at Mar-a-Lago on April 25. Blockchain data shows multiple whales moving millions of dollars worth of tokens off exchanges like Binance and Bybit, even as the token's price has fallen 33% since March. The top 297 holders get access to the luncheon, while the top 29 are invited to a more exclusive reception. Despite heavy accumulation by wealthy holders, the token’s price has struggled, highlighting a high concentration of supply among a few wallets and raising ethical concerns among critics and lawmakers.

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