Bitcoin

Trump memecoin team denies $300K dinner requirement rumors

US President Donald Trump’s memecoin team denied rumors on social networks that Trump’s Official Trump’s Official Jeton holders need at least $ 300,000 to participate in a future dinner with the president.

On April 25, Trump’s official X account said that there was no requirement of $ 300,000 to join the Emecoin project dinner showing the American president.

The rumor stems from the members of the community citing the explorer of the Solana blockchain showing the holders of the address of the token. At the time of writing the editorial staff, the explorer shows that the 220th largest holder at 33,114 Trump, worth more than $ 400,000. However, the same team said that the explorer did not reflect his criteria.

“People have cited badly # 220 on the block explorer as a cut. It is bad because it includes things like locking token, exchanges, market manufacturers and those who do not participate. Instead, you should only leave the ranking,” they wrote.

Ranking for Trump coins holders. Source: Trump Coin

In relation: The SEC working group met with companies supported by Trump to discuss the regulation of cryptography

Trump to organize dinner for the 220 even holders of the same

On April 23, Trump Coin’s team revealed the ranking, showing the portfolio addresses of those who are in the lead to qualify for the dinner event.

The latest guest list is still not finalized, but the same team said that any token holder who wanted to be eligible must go through a history check. In addition, their portfolio will also know your client and your compliance measures.

According to the official website of the same, the team will choose the winners according to the weighted assets over time. This calculates the amount held and the moment when the tokens were maintained. “The longer you will hold, the higher your weighted score,” wrote the team.

At the time of writing the editorial staff, the first holder of the classification contains more than 1.1 million tokens, worth $ 14.6 million, but has only a weighted score over time for more than 686,000. The 220th portfolio has 1,125 Trump, estimated at nearly $ 15,000 and a score of 136.

The ranking also shows that certain addresses with current Trump Holdings are eligible for dinner. This is probably due to how long they previously held their tokens.

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