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At the time of writing, the TRUMP coin is trading for $12.86 per unit, down from $14.59 on May 12.

A few weeks ago, President Trump’s memecoin looked moribund, its price tumbling toward zero. Then it was suddenly imbued with something of real value: access to the president.

According to the site, the winners will be determined by how much of the coin a contestant owns, as well as how long they hold it between April 23rd and May 12.

The memecoin’s top 220 average holders from April 23 to May 12 will gain an invite to the dinner. The top 25 will meet the president at a private VIP reception and “Special VIP” tour.

But Mr. Trump’s memecoin venture has generated the most attention. Just three days before the inauguration, Mr. Trump posted on Truth Social, his social media site, that he was selling the coin.