On April 24, the team behind the $TRUMP token issued a clarification, addressing widespread misconceptions about their “Dinner with President Trump” event.
They made it clear that participants do not need to spend $300,000 to qualify for the competition.
Clearing the Confusion Around Leaderboard Rankings
The $TRUMP team explained that entry into the dinner contest is based purely on time-weighted token holdings recorded on their official leaderboard—not on total wallet balances shown in block explorers.
Many had mistakenly believed that the 220th-ranked wallet required a $300K investment, but this included locked tokens and exchange reserves, not actual contest participants.
“To be eligible, participants must officially register,” the project emphasized.
At the time of the clarification, the 220th-ranked participant held only around $400 worth of $TRUMP tokens.
The live leaderboard is accessible at trump dinner.gettrumpmemes.com.
The team also noted that token unlocks and daily distributions would remain locked for an additional 90 days beyond the contest period.
They encouraged everyone by adding, “The race is wide open for anyone to win a seat at the dinner.”
Trump Media’s Digital ETF Initiative Gathers Momentum
Parallel to the memecoin project, Trump Media and Technology Group announced plans to roll out a range of digital asset ETFs under the Truth.Fi brand.
They are partnering with Crypto.com and Yorkville America Digital to introduce funds combining crypto exposure with U.S.-centric equity sectors such as energy.
The company aims to invest up to $250 million into the initiative, also offering separately managed accounts that promote American economic interests.
This signals a broader evolution of digital assets—from pure currency models to political branding and community engagement tools.
Frequently Asked Questions (FAQs)
How is eligibility calculated for the Dinner with Trump contest?
Eligibility is determined by the average amount of $TRUMP tokens held by registered users over time, rewarding consistent long-term holdings.
What could Trump Media’s ETFs mean for finance?
They could introduce a new trend of politically aligned financial products, blending traditional and digital investments to attract specific demographics.
Have political figures entered crypto before?
While some politicians have supported crypto, direct ventures into tokenized financial products remain a rare and emerging phenomenon.
