The Trump Coin team refuted allegations that holders of the Official Trump (TRUMP) token are required to hold at least $300,000 to attend a dinner event with former President Donald Trump. These rumors surfaced from a Solana blockchain explorer that displayed figures leading some to believe that the 220th-largest holder's assets warranted this threshold. The Trump Coin team clarified that the explorer's metrics misleadingly included various factors like locked tokens and market makers, and emphasized that eligibility should be determined through a specific leaderboard. They mentioned that all tokenholders must undergo background checks and comply with Know Your Customer regulations to qualify for the dinner. Eligibility will largely depend on a time-weighted holdings score, rewarding those who maintain their token holdings over a longer period. The current top holder possesses over 1.1 million tokens valued at approximately $14.6 million, whereas the 220th holder has only 1,125 TRUMP tokens valued around $15,000. These dynamics illustrate that some addresses, despite having no current TRUMP holdings, may still qualify due to previous long-term holdings.

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