Trump’s ‘memecoin party’ costs at least ₩100 million to attend… some spent as much as ₩8 billion
Summary
- CoinDesk reported that the minimum entry cost to attend Trump’s ‘digital asset (cryptocurrency) luncheon’ is about $70,000 (₩90 million).
- According to on-chain data, top participants put in as much as $6 million (about ₩8 billion) or more, and attendance is capped at 297.
- Eligibility is determined not by Official Trump (TRUMP) holdings but by Trump Points rankings, and the top 29 can have a private dinner.
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An analysis suggests that the cost to attend Donald Trump’s ‘digital asset (cryptocurrency) luncheon’ could range from at least tens of thousands of dollars to several million dollars.
On the 21st (Korea time), CoinDesk, citing an analysis of on-chain data, reported that the minimum entry cost to attend the event was about $70,000 (₩90 million), while for top participants as much as $6 million (about ₩8 billion) or more was put in.
The event is hosted by President Trump and his memecoin Official Trump (TRUMP), and is scheduled to be held on April 25 at Mar-a-Lago in Florida. Attendance is capped at 297 people.
Eligibility is determined not by the amount of Official memecoin held, but by ranking in ‘Trump Points.’ Trump Points reflect not only the size of token holdings but also other factors such as the holding period.
The current No. 1 spot is held by a wallet that recently bought about $6 million worth of Official Trump on Binance.
Those who place in the top 29 in Trump Points will be able to have a private dinner with President Trump.
Uk Jin
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