How to Secure Dinner With the U.S. President? Buy $420 Worth of TRUMP

You don’t need to be a big-name investor to have the chance to dine with former President Donald Trump at his exclusive, members-only club in Washington, D.C.

The team behind the Trump memecoin cleared up confusion on Thursday, announcing that the top 220 token holders on its leaderboard, with the smallest wallet holding just $420 worth of TRUMP, are eligible to win the dinner, putting to rest rumors that a six-figure token balance was required.

“We’d like to clarify some things that have caused confusion on X and in the media,” the team posted on its official X account. “You do not need $300K+ to enter (you don’t); and we are not unlocking tokens for this competition (we’re not).”

TRUMP saw a 70% surge this week, trading at approximately $12 on Thursday, largely driven by the excitement surrounding the “Dinner with Trump” event, according to CoinDesk’s previous coverage.

On X, rumors circulated that only those holding over $300,000 worth of tokens could participate, while others believed the 220th ranked wallet on the blockchain explorer was the cutoff. The team dismissed both rumors, explaining that registration must be done via the official leaderboard and only time-weighted holdings during the competition’s duration will count.

Currently, the top-ranked wallet, listed under the pseudonym “Sun,” holds over 1.1 million TRUMP tokens, valued at around $14 million. The 220th spot, qualifying for the competition, is held by “HAR,” who holds just 35.3 TRUMP tokens — approximately $420.

The leaderboard also lists 25 VIP wallets, with the cutoff for VIP status at over $400,000 worth of TRUMP.

The team also addressed concerns about token unlocks, assuring participants that both the cliff unlock and subsequent daily unlocks will remain locked for 90 days, extending beyond the competition’s end.

“We want to reassure everyone that the tokens from the initial cliff unlock and the following three months of daily unlocks will remain inaccessible for an additional 90 days,” they clarified.