TRUMP Memecoin Whales Surge Ahead of Donald Trump Mar-a-Lago Event

• At the first event for TRUMP token holders in 2025, Tron founder Justin Sun was the biggest token holder. 
• CoinCarp, the crypto data analytics platform, registers 642,882 TRUMP holders, with more than 91% of the supply concentrated among the top 10. 

The number of whale wallets holding over one million of US President Donald Trump’s memecoin has increased to a five-month high after publicising a luncheon at his Florida home for top holders last week. 

There are around 83 wallets holding over 1 million TRUMP, estimated to be $3.7 million, making it the biggest showing for the memecoin since October 8 of the past year, Santiment mentioned in an X post on March 16. 

The luncheon with Trump is scheduled for April 25 at his Mar-a-Lago residence in Florida, as per the Trump team. The invitation is sent to the top 297 token holders, out of which the top 29 will have a private reception with the president, subject to passing background checks. 

In the days after the luncheon announcement, TRUMP surged by over 50% to hit a peak of $4.35. As of March 18, TRUMP has increased by 27% in the past week and is trading at $3.71. 

The Access To The President 

Dominick John, an analyst with Zeus Research, mentioned that the Mar-a-Lago event, which provides access to the US president, is functioning as a powerful catalyst for accumulation. CoinCarp, the crypto data analytics platform, registers 642,882 TRUMP holders, with more than 91% of the supply concentrated among the top 10 and more than 97% among the top 100. 

At the first event for TRUMP token holders in 2025, Tron founder Justin Sun was the biggest token holder. John also points to other guests, like Tether CEO Paolo Ardoino, who is set to speak and attend the luncheon, as potential drivers of user interest. 

He also mentioned that momentum is influenced by narrative-headed flows and whale placing. He further went on, adding that the presence of Paolo Ardoino from Tether at this event indicates a potential ecosystem announcement, offering a real catalyst. His appearance could change the gala into a progress showcase for the TRUMP token. 

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