Trump’s Crypto Dinner Cost VIP Attendees an Average of $4.8 Million
The largest holders of President Trump’s meme coin, who certified for entry to a personal reception and dinner with the U.S. chief, held a mean of almost $4.8 million value of TRUMP apiece to earn their spots through an official leaderboard rating.
Placements have been calculated utilizing a time-weighted common of TRUMP holdings between April 23 and Might 12, offering a rating that was in the end used to rank registered customers. The highest 25 finishers have been granted “VIP” standing, with further advantages, whereas an extra 195 token holders gained comparatively restricted entry.
“The First TRUMP Competitors is formally over!,” the official Get Trump Memes account posted on X (previously Twitter), because it outlined subsequent steps for the token and registered members.
The First $TRUMP Competitors is formally over! Particulars and what’s subsequent for $TRUMP Beneath:
When you have been within the prime 220 on the leaderboard, verify the e-mail you signed up with for particulars on the Dinner with President Trump as quickly as attainable. There will likely be background checks that…
— TrumpMeme (@GetTrumpMemes) Might 12, 2025
VIPs, who’re entitled to an unique reception with President Trump and a particular tour along with the dinner at Trump Nationwide Golf Membership in Washington D.C., carried TRUMP token balances that different extensively from prime to backside.
The 25 VIPs held a mean of $4.78 million value of TRUMP apiece on the time of the snapshot, although that worth is not essentially what every investor paid for his or her tokens given the ever-fluctuating market worth of the meme coin.
The most important holder, registered as “Solar,” held round 1.4 million TRUMP tokens valued at greater than $19 million when the snapshot was taken at 1:30pm ET Monday. There’s hypothesis that the “Solar” account belongs to billionaire Tron founder Justin Solar, who beforehand bought $30 million value of Trump-linked World Liberty Monetary’s governance token.
Whereas the pockets linked to Solar was related to crypto alternate HTX, the place Solar is on the worldwide advisory board, a spokeswoman for the crypto founder declined to remark when requested by the New York Instances. Decrypt sought clarification from a Tron spokesperson, however didn’t obtain a response by the point of publication.
The “Solar” pockets held an enormous stash of TRUMP on the finish of the eligibility window. Alternatively, the final remaining VIP, “Noah,” held zero TRUMP tokens come Monday afternoon.
Due to the time-weighted calculation, customers weren’t required to carry their TRUMP tokens till the snapshot, permitting Noah and one other person registered as “Prime” to make it by way of. Prime held lower than 15 tokens when the window ended.
The pair every held a minimum of 200,000 TRUMP tokens through the competitors window to earn a time-weighted common excessive sufficient to make the lower, however bought their tokens within the final 10 days. Prime repurchased 14.52 TRUMP earlier than the snapshot on Monday and maintains the stability, value round $183 on the time of writing.
The TRUMP token first spiked in worth when information of the dinner was introduced in April, and customers rushed to realize entry to the token—and probably earn their spot on the dinner.
With the competitors concluded, the value of TRUMP is falling, and now’s down virtually 8% within the final 24 hours to $12.78.
However the Get Trump Memes account added extra gasoline to attempt to entice holders to cling on to their TRUMP tokens, unveiling a Solana NFT as a reward for all customers who keep their leaderboard balances till the dinner on Might 22.
Moreover, the account unveiled a brand new Trump “rewards factors” program with its personal leaderboard and badges, that are anticipated to be revealed quickly.
“The start of the Trump rewards factors program for TRUMP begins now,” the account posted, alerting followers that the “subsequent period” for the token will likely be introduced on the dinner.
The President’s official Solana meme coin and his household’s broader crypto endeavors have drawn growing scrutiny of late, as lawmakers level to potential conflicts of curiosity. Watchdog group Accountable.US known as the TRUMP token leaderboard “probably the most nakedly corrupt self-enrichment scheme in U.S. presidential historical past.”
Based mostly on the phrases and circumstances, every invited visitor should full a background verify to be able to attend the dinner, and the president’s attendance just isn’t assured. Ought to the president be unable to attend or the gala is cancelled, then attendees will obtain a limited-edition Trump NFT.
Edited by Andrew Hayward
