Hundreds of wallets raced to stack Trump’s meme coin for a chance to have dinner with him, but most of them didn’t stay loyal to the token for long.
After the contest deadline closed on May 12, wallet activity showed that many top holders who secured VIP seats at the event dumped their $TRUMP coins almost immediately.
The contest, which launched on April 23, offered a private gala dinner with President Donald Trump at his golf club in Virginia for the top 25 wallets holding the most $TRUMP. The coin’s price jumped from $9.26 to $15.33 after the announcement.
16 of the 25 wallets labeled as VIP winners have completely emptied their holdings, despite the contest page urging people to “Hold Big. Hold Strong. Hold $TRUMP.”