Meme Coin TRUMP Contest Ends and NFTs to be Distributed, 220 Dinner Winners to Undergo Background Checks

ChainCatcher reports that the official Trump Meme Coin project announced on Monday, "The official contest to decide who can have dinner with the President has ended, and 220 winners will be notified," and they will undergo background checks. The dinner will be held at Trump's National Golf Club in Washington. The project team added, "All users holding the same amount of TRUMP as the final leaderboard during the dinner will also receive a limited edition Trump Diamond Hand Solana NFT."

According to Reuters citing Inca Digital data, "TRUMP Meme Coin buyers invested approximately $148 million in this contest." Chainalysis data shows, "58 wallets that purchased the coin made profits exceeding $10 million, with total earnings over $1 billion, while another 764,000 wallets incurred losses."