As The 47th United States President Donald Trump is arranging the meme coin festivities for those crypto connoisseurs who made the list, his signature coin continues to dwindle. Despite the fact that TRUMP coin backtracked 87% since the all-time high of $73 on inauguration day, optimism amount this autographed PolitiFi meme coin recently reignited.
Indeed, Trump announced a 220-strong guest list, of which some prominent names in the crypto sphere are getting their suits & ties ready. “Congratulations, if you’re in the top 220 on the leaderboard we will be contacting you in the next 24 hours”, – reads the official website, with the #1 ranking wallet named ‘Sun’.
TRUMP Coin Red Carpet List Revealed
Intriguingly, the first one on the list to join Donald is Justin Sun, the founder of Tron (TRX). Digging into the on-chain records, DailyCoin established that the Chinese crypto magnate has been gradually increasing his TRUMP coin stake, eventually coming up to 1,432,003 tokens on-balance.
Sponsored
Back in April, the blockchain analytics platform LookOnChain noted that Justin Sun started acquiring Donald Trump’s signature token after the meme coin dinner plans were announced. Going further, the second place is taken by a Singapore headquartered crypto platform MemeCore, while another Asia-native crypto asset manager, Hyperithm, also made the cut.
The crypto crowd at Trump’s meme coin Gala dinner will be international, hosting 18 foreign guests out of TOP 25 VIP guests. Despite multiple meme coin connoisseurs setting their eyes on $25, there’s a few obstacles along the way. Initially, 200 million TRUMP tokens were released to the public two days ahead of the inauguration.
However, the max supply of the presidential meme coin is capped at 1 billion, meaning that the linear TRUMP coin unlocks in the coming two years can shift the dynamics, as well as bump the price below crucial thresholds in case of inflation. As of press time, TRUMP coin is switching hands at $12.73, according to prices from CoinGecko.
On The Flipside
- The ethics probe into Donald Trump’s VIP meme coin dinner could twist the plot, potentially revoking such perks for holders in the future.
- The Democrats are actively leaning into the corruption argument, including the gifted Qatari luxury jet and the signature meme coin.
Why This Matters
Crypto enthusiasts eager to attend the party will likely have an unprecedented opportunity to network with the high-rolling and most influential crypto personalities, including the U.S. president.
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