Ah, the much-anticipated soirée at President Trump’s Virginia Golf Club, where 220 TRUMP token holders will soon gather! One can only imagine the delightful mélange of international attendees, with the illustrious Justin Sun, founder of TRON, leading the pack. How utterly charming! 🎩
BeInCrypto has graciously compiled a list of confirmed and tentative attendees, while also analyzing on-chain reports from the ever-so-reliable Nansen and CryptoQuant. They aim to decipher the long-term implications of this extravagant affair on the price performance of our dear TRUMP tokens. How thrilling! 📈
Inside the TRUMP Dinner Gala
Tomorrow, the crème de la crème of TRUMP holders will arrive at Trump’s Virginia Golf Club for an exclusive dinner with the President—who, let’s not forget, they’ve paid millions to dine with. Quite the investment in fine dining, wouldn’t you say? 🍽️
Of these fortunate souls, 25 will waltz in directly after a private tour of the White House. How quaint! 🏛️
While most wallets remain delightfully pseudonymous, reports suggest that many attendees are linked to international exchanges that don’t cater to US users. How very international of them! 🌍
Others have already taken to social media to confirm their attendance, because what’s a gala without a little social media fanfare? 📱
Leaderboard’s Top Spot: Justin Sun
Justin Sun, the TRON maestro, has secured the top spot on the leaderboard by investing a staggering $16 million into TRUMP tokens, bringing his total to over 1,430,000. He confirmed his attendance in a rather enthusiastic post, claiming the dinner will be a splendid opportunity to mingle with various leaders. How delightful! 🥳
Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!
As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry.
— H.E. Justin Sun (@justinsuntron) May 20, 2025
Aside from his TRUMP meme coin escapades, Sun has previously invested $75 million into World Liberty Financial, a project that, rather conveniently, routes 75% of its revenues directly to Trump-owned entities. How very generous! 💰
In 2023, the SEC charged Sun with market manipulation and offering unregistered securities. A minor hiccup, one might say! 😏
MemeCore: The Second-Place Contender
Singapore’s own MemeCore has secured second place with a rather impressive investment of $18.6 million in nearly 1,400,000 TRUMP coins. They’ve been quite vocal on social media about their unwavering support for the Trump presidency. How charmingly enthusiastic! 🎉
This company, a champion of meme coins and online culture, has made it abundantly clear that they intend to claim the top spot on the leaderboard. They even encourage individuals to donate their TRUMP coins to their campaign, offering bonuses to those who do. How altruistic! 🙌
MAKE MECO GREAT AGAIN
We’re not just aiming for #1 on the $TRUMP leaderboard — we’re here to conquer the entire meme space.
This is your chance to create your own token and Make MemeCore Great Again!How to join:
1⃣ Step 1:
Customize Your PFP
→ Access:…— MemeCore (@MemeCore_ORG) April 29, 2025
The list of attendees continues to grow, much like the anticipation for this grand event!
A Crypto Sleuth Among Top Holders
Ogle, a pseudonymous crypto sleuth dedicated to recovering stolen funds, has secured the 22nd spot. He’s expressed his support for Trump on social media in the past and joined World Liberty Financial as an advisor in September 2024. Quite the career move! 🕵️♂️
SUPER EFFING STOKED to get confirmation that I’ll be able to go to the VIP cocktail reception with President Trump for the top $TRUMP token holders in 10 days in DC!
If you’ve got questions you want me to ask the president, assuming he ever even glances my direction, just lmk!
— ogle | glue.net (@cryptogle) May 12, 2025
According to the leaderboard, Ogle holds over 250,000 TRUMP meme coins, worth over $3 million. On May 12, he confirmed on social media that he was among the top 25 holders. How very exclusive! 💎
Speculation Around Unconfirmed Guests
While most wallet owners remain shrouded in mystery, there’s been much chatter about certain wallet names appearing on the leaderboard. Social media users speculate that one wallet, intriguingly named “Elon,” refers to none other than Tesla’s own Elon Musk. How scandalous! 🚀
In a virtual interview at the Qatar Economic Forum, Musk revealed he would be dining in Washington, D.C., with the President later this week. Whether this refers to our gala remains a tantalizing mystery! 🕵️♀️
Users have also pointed to a wallet named “MSTR,” suggesting it may belong to a representative from Bitcoin giant MicroStrategy. However, these claims remain mere whispers in the wind. 🌬️
Other reports hint that Australian crypto entrepreneur Kain Warwick may also be among the top TRUMP holders eligible for tomorrow night’s dinner. He’s previously expressed a desire to meet Trump, which adds a delightful layer of intrigue! 🎭
“Wick” is among the wallet names that made it to the top 220 list, though Warwick has yet to confirm his attendance. How very coy! 😏
Amidst all this intrigue, the data shows that TRUMP’s value is quite reactive to major news. How predictable! 📊
How Do Major Announcements Impact TRUMP’s Price?
TRUMP’s price action since its launch has been delightfully event-driven. The two most significant events that propelled the meme coin to new heights were Trump’s presidential inauguration and the announcement of this gala dinner. How utterly riveting! 🎉
TRUMP’s price also took a nosedive following controversial trade policy announcements. A rollercoaster of emotions, indeed! 🎢
“For example, the token’s trading volume spiked to $530 million when the [winners were] announced on May 12. Before that, trading volume had spiked in late April towards $1 billion, driven this time by Trump’s tariff pause announcement. Likewise, the price of TRUMP has recovered from $7.5 to $12.7 in this period,” Julio Moreno, Head of Research at CryptoQuant, told BeInCrypto.
Evidence suggests that despite the high volume of speculative trading, the TRUMP meme coin has generally yielded more losses than profits for those involved. How unfortunate! 😢
A Grim Reality: More Losers Than Winners?
According to data analysis by Nansen, approximately 20 million TRUMP tokens, valued at nearly $280 million, have moved into digital wallets holding at least 10 TRUMP tokens since the announcement. Meanwhile, outflows have reached about $109 million, indicating a surge in speculative trading. How very dramatic! 🎭
However, the data paints a rather grim picture. Despite over 2,600 traders participating, 70% have suffered losses, with total losses since the announcement exceeding $21 million. Quite the financial fiasco! 💸
“With most participants currently in the red, the Trump Dinner gamble is proving costly for many, even as attention-grabbing incentives drive short-term demand,” read the analysis by Nansen researcher Nicolai Sondergaard. How very insightful! 🧐
With the contest concluded and the dinner looming, TRUMP’s price will remain highly sensitive to the President’s future announcements. How thrilling! 🎉
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2025-05-21 22:19