VIP Attendees of Trump Memecoin Dinner Hold an Average of $4.8 Million in TRUMP Tokens
According to Decrypt, VIP participants invited to a memecoin-related dinner with U.S. President Donald Trump hold an average of approximately $4.8 million worth of TRUMP tokens. The event selected the top 25 holders as VIPs based on their TRUMP holdings, with an additional 195 attendees invited on a limited basis.
The rankings were determined using a time-weighted average of TRUMP token holdings, and an official leaderboard was published. The account with the largest TRUMP holdings is believed to belong to Justin Sun, who reportedly holds around 1.4 million TRUMP tokens worth over $19 million.
VIP participants are entitled to attend an exclusive dinner with President Trump, along with a private reception and a tour of the Trump National Golf Club in Washington, D.C. If Trump does not attend or the dinner is canceled, attendees will receive a limited edition NFT as compensation.
To further incentivize holders, the TRUMP team announced a new rewards program. Users who maintain a certain amount of TRUMP tokens will receive Solana-based NFTs, and a new leaderboard and badge system will be launched soon.
Meanwhile, U.S. watchdog group Accountable.US criticized the leaderboard, calling it "the most blatant example of self-dealing in presidential history." Following news of the dinner, the TRUMP token initially surged in price but has since declined by about 8% to $12.78. Background checks and the possibility of the President’s absence are also conditions for attending the event.
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