Trump’s Crypto Dinner Cost VIP Attendees an Average of $4.8 Million
VIP attendees at President Trump's upcoming reception and dinner have an average of nearly $4.8 million in TRUMP tokens to secure their spots, as revealed in a recent announcement. The participants were ranked based on a time-weighted average of their TRUMP holdings from April 23 to May 12. The top 25 holders gained VIP access, with added benefits, while another 195 received limited access. The largest holder, known as 'Sun,' possesses approximately 1.4 million TRUMP tokens valued at over $19 million, potentially linked to billionaire Justin Sun. Interestingly, two participants managed to qualify for VIP status even after selling their tokens just before the snapshot, showcasing the competitive dynamics of the event. Following the competition's conclusion, the value of TRUMP tokens dipped nearly 8%. To retain interest, the organizers announced a rewards program for those maintaining their token balances, affiliated with the upcoming dinner set for May 22.
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