The Trump Memorial Team has articulated some misunderstandings about potential surprises at an upcoming dinner hosted by U.S. President Donald Trump and spoke about rumors about the request to invite to the event.
Trump’s memorial holder has a meal with the president
On Wednesday, the Trump Memorial Team announced that the token’s top holders will receive an exclusive invitation to have dinner with President Trump at a private private member club in Washington, D.C. to “learn from President Trump’s close-up of Trump’s hearing about Trump’s future.”
According to the website, the top 220 Trump holders on the website will participate in the event, which is scheduled to be held on May 22, 2025. Meanwhile, the top 25 holders will be invited to an exclusive reception with the U.S. president before dinner and enjoy a coaching trip from the White House.
The souvenir price rose sharply, announcing nearly 60% and hit a seven-week high of $14.37. In the explosion of Trump tokens, investors began to speculate who will use Solana Blockchain Explorer to evaluate the maximum address holding the token.
One community member suggested that to be one of the top holders, investors must hold tokens worth about $300,000, as the 220th largest holder of the Explorer seems to indicate that number.
Still, Trump’s Memecoin team resolved two misunderstandings, clarifying that they did not “unlock the game” and that users “are mistakenly citing the cutoff value of #220 on Block Explorer.”
TRUMP Memecoin team addresses dinner requirements confusion. Source: TrumpMeme on XÂ
The team explained that Solana Explorer includes locking tokens, crypto exchanges, market makers, and those who don’t participate, making the list inaccurate. Instead, investors should check the official rankings, whose time-weighted scores are calculated based on the amount and duration of the investor Trump held.
Fighting for invitation
In the X position, Memecoin’s team also noted that the leading holder had 1.17 million Trump at the time, which was worth about $14 million at the time, while the last investor who made that cut-off hold only 35.3 tokens worth about $420. Since then, the 220th position has changed, with the address holding 2,284 tokens, worth $32,100 at the time of writing, and a score of 164.251.
Blockchain analysis firm Nansen pointed out that on April 24, Trump’s top 100 holders increased their balance by 940,000 tokens in just one hour, from 975,36 million tokens to 976.3 million tokens.
Top 10 holders registered for the dinner. Source: Trump Dinner LeaderboardÂ
Meanwhile, the Arkham Intelligence Agency stressed that maintaining competition among top holders has intensified. According to Friday’s report, one of the leading holders swapped the $300,000 Fartcoin for Trump’s Memecoin in the name of “Boop”, “so much so that he wouldn’t break away from the top 25 participants in Trump’s supper.”
In the midst of the ongoing madness, investors also speculated on the identity of top holders, with many suggesting that Tron’s founder Justin Sun was behind the wallet. According to Arkham, someone registered an HTX cold wallet and exchanged sunlight to be affiliated with it.
Investors using username “Sun” registered the address with 1.07 million tokens, initially earning 21st place on Thursday with a time-weighted score of 37,072. Since then, it has climbed to No. 1 after adding 104,000 Trump tokens and earning 715,113 points.
“It looks like Justin Sun (@justinsuntron) has signed up for the Trump Dinner. He currently holds $1,176,803 of Trump ($14.32 million), ranking number one on the ranking,” the on-chain data company Lookonchain reported.
At the time of writing, Trump is trading at $13.42, an increase of 10% on the daily timeframe.
TRUMP's performance in the one-week chart. Source: TRUMPUSDT on TradingView
Featured images from Unsplash.com, charts from TradingView.com
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