The price of TRUMP tokens has experienced a significant surge following the announcement of a luncheon event at Mar-a-Lago, where top holders will be hosted by President Donald Trump.
According to on-chain data, whale wallets holding over 1 million TRUMP tokens have risen to a five-month high, with combined holdings valued at around $3.7 million.
The token remains significantly below its all-time high of $73.43, but the event has generated renewed interest among crypto participants.