Trump memecoin team denies $300K dinner requirement rumors
The Trump Coin team clarified that there is no requirement for holders of the Official Trump (TRUMP) token to have at least $300,000 to attend an upcoming dinner with Donald Trump. These rumors arose when some community members referred to the Solana blockchain explorer, which inaccurately suggested that the 220th holder's stake was the cutoff for eligibility. The team stated that the explorer data misleadingly includes tokens that are locked or belong to exchanges. To qualify for the dinner, tokenholders must undergo a background check and KYC compliance. Winners will be selected based on time-weighted holdings, which reward longer-held tokens. The current top holder has over 1.1 million tokens valued at $14.6 million, while even some addresses with zero current holdings remain eligible due to their past token ownership.
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