Bitcoin Defies September Slump, Faces Demand Test in October
Bitcoin ended September up 6.33%, but demand from ETF buyers has faded and long-term holders are selling, testing the October outlook.
The Official Trump (TRUMP) meme coin announced a gala dinner for its top 185 holders with President Donald Trump on November 22.
A gala dinner with President Donald Trump has been announced by the Official Trump (TRUMP) meme coin team for the 185 highest-ranked holders on the project's leaderboard. The gathering is scheduled for November 22 at Trump National in Washington, D.C.
A time-weighted ranking system, which launched on September 30, determines the holders who participate. Trump is set to be the featured speaker, joined by three "legends."
NEW: The top $TRUMP Coin holders will have a GALA DINNER WITH PRESIDENT TRUMP & 3 SUPERSTARS on Nov 22nd at the BEAUTIFUL Trump National Club in Washington, D.C. It will be a night to remember! Thank You! And Have Fun!
— TrumpMeme (@GetTrumpMemes) October 1, 2026
Click Here For Details:https://t.co/iNycn8BlCG
The event website states that the 29 highest-ranked holders will additionally receive a VIP reception with Trump and a legend. A snapshot on November 12 will lock eligibility, and the top four VIPs will be awarded 18K gold Trump watches.
Registration for the dinner is required separately, even for holders who are already part of the project's Coin Club. Private meetings with the President are not included, according to the site.
This is not the first such gathering organized by the project. In May 2025, the 220 top holders received an invitation to a dinner with Trump at his golf club near Washington, D.C.
In March 2026, the 297 highest-ranked holders were asked to attend an April 25 conference at Mar-a-Lago.
At press time, TRUMP was trading at $2.14, a gain of 3.74% over the prior 24 hours, according to BeInCrypto Markets data. Over the same span, the overall crypto market capitalization dropped 2.36% to $2.89 trillion.
The slight relative strength has not reversed the token's broader decline. TRUMP is still 9% lower over the past month and 55% down since the start of the year.
The ranking system is designed to benefit wallets that hold larger amounts for longer durations, incentivizing early purchases. Nonetheless, in earlier events, many holders exited their positions. Prior to the 2025 dinner, 92 out of the 220 invited holders offloaded their entire TRUMP holdings.
The Mar-a-Lago invitation saw a comparable pattern. TRUMP surged 49.65% to a peak on March 13, before giving up almost the entire advance. Exchange balances rose to around 41 million tokens in that period.
For this edition, VIP holders whose balance falls beneath the snapshot level before November 22 risk losing their bonuses. Whether that condition will prevent top holders from selling ahead of the event remains to be seen.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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