Trump's Crypto Dinner Costs VIP Attendees an Average of $4,8 Million

13 May 2025 at 05: 59

Reading time: 3 minutes

The largest holder of the president's meme coin Trump, who was granted access to a private reception and dinner with the US leader, held an average of nearly $4,8 million in TRUMP tokens. This amount was needed to secure a spot via an official ranking. The positions were calculated using an average of TRUMP holdings between April 23 and May 12, resulting in a score used to rank registered users. The top 25 recipients were given “VIP” status with additional benefits, while 195 other token holders were given limited access.

“The First TRUMP Competition is officially over!” the official Get Trump Memes account on X (formerly Twitter) posted, outlining the next steps for the token and registered participants. The VIPs, who were entitled to an exclusive meeting with Trump and a special tour in addition to dinner at Trump National Golf Club in Washington DC, had widely varying TRUMP token balances. The 25 VIPs held an average of $4,78 million worth of TRUMP tokens at the time of the snapshot, though that value does not necessarily represent the amount each investor originally paid for their tokens given the fluctuating market value.

The largest holder, listed as “Sun,” had approximately 1,4 million TRUMP tokens, worth over $19 million at the time of the snapshot. It is speculated that this account belongs to Justin Sun, the founder of Tron, who previously purchased $30 million worth of Trump-related tokens.

During the competition, the “Sun” wallet had the most TRUMP tokens in the final phase, while the last VIP, “Noah,” had zero TRUMP tokens on Monday afternoon. Due to the time-weighted calculation, users did not have to hold their TRUMP tokens the entire time, allowing Noah and another user, “Top,” to come through. Top had less than 15 tokens when the window ended, but the duo had at least 200.000 TRUMP tokens during the competition to achieve a high enough average.

The TRUMP token reached its first peak when the dinner was announced in April, and users rushed to access the token and secure their spot. With the competition now behind it, the price of TRUMP is down nearly 8% in the past 24 hours to $12,78. Despite this, the Get Trump Memes account added more incentive to encourage token holders to hold on to their TRUMP tokens by launching a Solana NFT to be offered as a reward for anyone who maintains their ranking balances until the dinner on May 22.

Additionally, the account introduced a new “Trump rewards points” program with its own rankings and badges, which will be revealed soon. “The Trump rewards points program for TRUMP starts now,” the account announced, warning that the “next phase” for the token would be announced during the dinner. The president’s official meme coin and his family’s broader crypto efforts have come under increasing scrutiny in recent times, as lawmakers point to potential conflicts of interest.

According to the terms, each guest must pass a background check to attend the dinner, and the president’s attendance is not guaranteed. Should the president be unable to attend or the gala be canceled, guests will receive a limited-edition Trump NFT.

Frequently Asked Questions

What is the value of the largest TRUMP holder?
The largest TRUMP holder had approximately $19 million worth of TRUMP tokens.

Why does the price of TRUMP token drop after the end of the competition?
The price of TRUMP token is dropping as the rush to acquire the tokens before dinner is over, causing less demand.

What can token holders expect at the dinner on May 22?
Token holders can be rewarded with a Solana NFT and more information about the new Trump rewards program at the dinner.

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