The Trump Memecoin team has clarified certain false ideas on potential surprises during a next dinner organized by US President Donald Trump and tackled rumors on the alleged requirements for an invitation to the event.
Trump Memecoin Dinner with the president
On Wednesday, the Trump Memecoin team announced that the best token holders would receive an exclusive invitation to dinner with President Trump in his private club reserved for members in Washington, DC, to “hear the close -up, president Trump, about the future of the crypto”.
According to the website, the 220 Trump holders in the website ranking will be able to attend the event, scheduled for May 22, 2025. Meanwhile, the 25 best holders will be invited to an exclusive reception with the American president before dinner and enjoy a guided white house visit.
The same has had a price leap, increasing almost 60% of hours after the announcement and reaching more than seven weeks of $ 14.37. In the middle of the explosion of the Trump token, investors started to speculate who could attend the event, using the Solana Blockchain Explorer to assess the biggest addresses holding the token.
A member of the community suggested that to be among the best holders, investors must have about $ 300.00 from the token because the 220th largest holder of the explorer has apparently shown this number.
Nevertheless, Trump Memecoin’s team addressed two misunderstandings, specifying that they do not “unlock in this competition” and that the users “wrongly cited n ° 220 on the block explorer as a cut”.
TRUMP Memecoin team addresses dinner requirements confusion. Source: TrumpMeme on X
The team explained that the Solana explorer includes locked tokens, crypto exchanges, market manufacturers and people who are not participating, making the list inaccurate. Instead, investors should check the official classification, which has a weighted score in time that calculates the number according to the amount and duration of Trump’s assets of an investor.
A battle for an invitation
In the Post X, the same team also stressed that the main holder had 1.17 million Trump, worth around $ 14 million at the time, while the last investor to make the cut contained only 35.3 tokens, worth around $ 420. Since then, the 220th place has changed, the address having 2,284 tokens, worth $ 32,100 at the time of the editorial staff, and a score of 164,251.
The Nansen blockchain analysis company noted that on April 24, the 100 best holders of Trump increased their balance by more than 940,000 tokens in just one hour, from 975.36 million tokens to 976.30 million participations in total.
Top 10 holders registered for the dinner. Source: Trump Dinner Leaderboard
Meanwhile, Arkham Intelligence stressed that competition to stay among the best holders has intensified. According to the Friday report, one of the main holders, under the name of “Boop”, exchanged $ 300,000 of Fartcoin in the Trump even “so that he does not fall from the 25 best participants for the Trump dinner”.
In the middle of the current frenzy, investors have also speculated on the identity of the upper support, many of which suggest that the founder of Tron, Justin Sun, is behind the wallet. According to Arkham, someone has recorded a Cold HTX portfolio, an exchange of sun is affiliated.
The investor using the username “Sun” recorded the address with 1.07 million tokens, initially taking 21st place with a weighted score in time of 37,072 on Thursday. Since then, he climbed in first place after adding 104,000 Trump tokens and obtained a score of 715,113.
The data company on the Lookonchain channel reported that it “looks like Justin Sun (@justinsuntron) had registered in the $ Trump dinner. It currently holds $ 1,176,803 Trump ($ 14.32 million), ranking n ° 1 in the ranking.”
At the time of writing this document, Trump is negotiated at $ 13.42, an increase of 10% of the daily time.
TRUMP's performance in the one-week chart. Source: TRUMPUSDT on TradingView
Star image of Unsplash.com, tradingView.com graphic
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