Key facts
- TRUMP memecoin organizers are hosting a contest for a November 22, 2026 gala.
- Top 185 token holders will secure seats at the event.
- President Donald J. Trump is the featured speaker.
- The token has fallen 97% from its peak, with nearly 1 million wallets reporting losses.
- Insiders control approximately 80% of the token's supply.
Organizers of the TRUMP memecoin have launched a new contest that will award the top 185 token holders seats at a gala dinner scheduled for November 22, 2026, at Trump National in Washington, D.C. President Donald J. Trump is listed as the featured speaker for the event.
The contest, which uses time-weighted scoring to reward sustained holding, opened its scoring on September 30 and will lock in rankings based on a November 12 snapshot. The top 29 holders will also receive access to a VIP reception, with the top four slots including an 18K gold Trump watch, provided they maintain their ranking through the snapshot date. All attendees will receive in-person gifts, including a TRUMP fragrance and a trading card, though private presidential meetings are explicitly ruled out.
This is the third such event organized by Fight Fight Fight LLC, the Solana-based firm behind the token, that ties token holdings to access. A similar event in May 2025 invited the top 220 holders to the same venue, drawing criticism due to a significant number of non-U.S. wallets on the guest list. An earlier gathering in April 2026 at Mar-a-Lago hosted approximately 297 top holders, with speakers including Cardone Capital's Grant Cardone. Both previous events saw short-term volume spikes followed by selling.
The TRUMP memecoin launched days before the January 2025 inauguration and has since seen its value plummet. Trading around $2.04 on October 1, 2026, the token is approximately 97% below its peak price of $73-$75. This significant drawdown has resulted in combined losses of $3.81 billion for close to a million wallets, while Trump-linked entities reportedly received about $636 million tied to the token. Insiders continue to control roughly 80% of the token's supply. In July 2026, Trump's team moved approximately $16.9 million in TRUMP tokens to Fireblocks custody.