Debunking the $300K Myth: $TRUMP Token Holders Need Far Less for Dinner With Trump
The $TRUMP memecoin team issued an important clarification on April 24, debunking rumors that a $300,000 investment was needed to enter the “Dinner with President Trump” competition.
Misunderstandings around leaderboard data led to the confusion, which the team addressed promptly.
$TRUMP Team Clarifies Leaderboard and Participation Rules
According to the latest update, participation is based on the average amount of $TRUMP tokens held by users registered on the official leaderboard—not total wallet balances shown publicly.
Many mistakenly referenced wallet #220 on the block explorer, misinterpreting its figures.
The $TRUMP project emphasized that wallets containing exchange-held tokens, locked assets, or non-participant balances were never meant to be considered.
Actual eligible users currently only need to hold around $400 in $TRUMP tokens.
Users must officially register at trumpdinner.gettrumpmemes.com to qualify.
The team added that token unlocks tied to cliff schedules will remain locked for another 90 days, ensuring fairness throughout the contest period.
“The opportunity to dine with Trump is open to anyone who participates and registers,” the post concluded.
Trump Media Ventures Into ETFs and Digital Finance
At the same time, Trump Media and Technology Group is expanding into financial products, announcing a collaboration with Crypto.com and Yorkville America Digital to launch the Truth.Fi suite of ETFs.
These funds will offer combined exposure to cryptocurrencies and American-focused equity sectors like energy and infrastructure.
Trump Media plans to back the initiative with a $250 million capital injection.
In addition to ETFs, they also intend to introduce separately managed accounts designed to reflect U.S.-centric economic priorities, marking a new fusion between political branding and digital finance.
Frequently Asked Questions (FAQs)
How does the contest measure token holdings for eligibility?
It calculates the time-weighted average amount of $TRUMP tokens held during the competition, focusing on long-term engagement.
What impact could Trump Media’s ETF initiative have?
It could open a new segment where crypto assets are marketed with strong political themes, influencing a growing niche of politically motivated investors.
Are politicians often involved in crypto projects?
Although many have expressed opinions on crypto, direct involvement in launching crypto-branded financial products remains an emerging and rare development.