$4.8M to Dine with Trump - Memecoin Mania Hits Peak Absurdity

By Roughcore/Purein10th | How I view it | 16 May 2025


That’s the average stash held by the top 25 wallets that qualified as “VIPs” for a meme coin-fueled dinner event at Trump National Golf Club. The leaderboard, tallied using a time-weighted average of token balances from April 23 to May 12, crowned whales and speculators alike.

 

The heaviest bag? A wallet labeled “Sun” holding $19 million worth of TRUMP - rumored to be Justin Sun, Tron’s elusive founder. Neither Sun nor his usual PR machine has confirmed the connection. His wallet? Linked to HTX, where he sits on the advisory board.

 

But as dinner invitations were printed, TRUMP tanked. Down 8% in 24 hours, it’s trading at $12.78. Still, organizers are dangling fresh bait: Solana NFTs for those who HODL till May 22 and a Trump Rewards Points program - badges, leaderboards, the full Web3 circus.

 

Meanwhile, some VIPs gamed the system. “Noah” and “Top” dumped their tokens before the snapshot but still made the cut thanks to clever timing. Top bought back a laughable 14.52 TRUMP, worth just $183, to keep appearances.

 

And just when it couldn’t get more surreal - Trump Media denies any involvement. Truth Social swears there’s no official memecoin, and Donald Trump Jr. calls it “fake news.”

 

Reality check: the token isn’t real, but the mania is.

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Roughcore/Purein10th
Roughcore/Purein10th

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