The Official Trump (TRUMP) meme coin rallied by more than 60% after news of an exclusive crypto and business conference at Mar-a-Lago, where President Donald Trump is scheduled to deliver a keynote address.
Large investors are accumulating the TRUMP token, according to data tracked by Lookonchain. As noted, three newly created wallets withdrew a combined 2.5 million TRUMP, valued at about $8.8 million, from Binance within the past 24 hours.
One of the traders who withdrew 2 million TRUMP, worth around $6.9 million, previously lost over $15 million on MELANIA, the official meme token launched by First Lady Melania Trump.
Whales are accumulating $TRUMP.
3 newly created wallets withdrew 2.54M $TRUMP($8.8M) from #Binance in the past 12 hours.
Whale DNTpoX, who once lost $15.68M on $MELANIA, withdrew 2M $TRUMP($6.92M) from #Binance in the past 6 hours.https://t.co/D0DxtcAU3l… pic.twitter.com/pXDdmSBG7A
— Lookonchain (@lookonchain) March 13, 2026
TRUMP was trading at $4.2 at press time, up 50% on the past day. Trading volume exploded roughly 1,000% to exceed $1 billion, placing TRUMP at the top of the 24-hour gainers’ ranking ahead of RENDER, RIVER, DEXE, TAO, and NIGHT.
The event, billed as a limited-access gathering for crypto and business leaders, will host only 297 attendees alongside 18 additional high-profile guests. Qualification for entry hinges on a leaderboard system tied to TRUMP token holdings.
Holders ranked among the top 29 on the leaderboard will receive VIP perks that include a private reception with Trump, a talk on Mar-a-Lago’s history, and priority seating during the main program.
The announcement comes after the TRUMP Gala Dinner last May, where President Trump hosted a high-profile black-tie event at Trump National Golf Club for leading holders of the TRUMP token.
News of the Gala Dinner sent the TRUMP token soaring over 70% at the time.
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