Markets, Donald Trump, Trump, News You don’t must be a big-name whale to make it a supposed dinner with Trump at his non-public, members-only Club in Washington, D.C.
The group behind the Trump memecoin stated Thursday that the highest 220 holders on its record, the place the smallest pockets holds $420 value of TRUMP, are eligible to win dinner with President Donald Trump, opposite to rumors {that a} six-figure token stash was required.
“We want to clarify a few things people seem confused by on X and in the Media,” the group’s X account posted. “You need $300K+ to participate (You Don’t); That we’re unlocking into this competition (We’re Not).”
TRUMP surged 70% this week, buying and selling at round $12 as of Thursday, primarily pushed by hype across the so-called “Dinner with Trump” occasion, in accordance with CoinDesk’s earlier reporting.
Some customers on X claimed that solely holders with greater than $300,000 in tokens might take part. Others speculated that the pockets ranked 220 on a blockchain explorer was the minimal cutoff.
The group dismissed each claims, stating that customers should register by way of the official leaderboard and that solely time-weighted holdings throughout the competitors will depend.
Currently, the leaderboard’s high pockets, below the pseudonym “Sun,” holds over 1.1 million TRUMP tokens, value practically $14 million. The 220th spot was held by “HAR,” with simply 35.3 TRUMP tokens, or about $420 in greenback phrases.
Twenty 5 wallets are listed as VIPs on the leaderboard, the place the cut-off holder sits on over $400,000 value of TRUMP.
The group additionally addressed issues about token unlocks affecting the leaderboard, stating that each the cliff unlock and subsequent every day unlocks would stay inaccessible for 90 days, outlasting the competitors itself.
“We want to say again that the tokens from the initial cliff unlock and the following 3 months of daily unlocks will remain locked, each for an additional 90 days,” it stated.
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