Despite The Announcement Of The Dinner With Trump, Traders Are Massively Fleeing The TRUMP Token

One day, a simple tweet can blow everything up. The next day, a private event can become a marketing weapon. Donald Trump, always a master in the art of creating events, offers an exclusive dinner to the most loyal holders of his Official TRUMP crypto. But behind this enticing announcement, the numbers tell a completely different story.

The contrast: massive outflows of TRUMP tokens despite exclusive promises

While Trump promises an exceptional dinner in Washington for the top 220 holders of his token, crypto traders have massively emptied their wallets. According to Nansen, over $869 million left Trump’s crypto in one week, against only $96 million in purchases. In short: sales exploded despite the announcement.

The promise to mingle with the former president was therefore not enough to maintain confidence. As Nansen noted:

It is clear that more people took the opportunity to sell their Trump tokens than new buyers entered.

A sentence that illustrates well the prevailing skepticism in the crypto industry.

Some mention the fear of a “rug-pull”, fueled by the fact that the TrumpMeme team owns 80% of the tokens in circulation. Others prefer to capitalize on market volatility. In short, despite the prestige marketing, many holders seem to prefer to cash in their gains while the climate remains uncertain.

A marketing dinner struggling to calm fears

On X, the official TrumpMeme account had to step up to calm rumors. No, you do not need to hold $300,000 in TRUMP to hope to dine with Trump. No, the block explorer ranking is not reliable to verify qualified participants. Everything is based on a “Time-Weighted Score“, combining token quantity and holding duration.

The strategy is simple: reward those who hold their positions for a long time. Currently, crypto icon Justin Sun leads the game with over 1.1 million TRUMP tokens, worth about $14 million. At the other end, the 220th place requires only $420 in TRUMP to participate. A welcome opening that contradicts the $300,000 rumor.

But despite this clarification, unease remains in the crypto community. How to trust when the project team controls 80% of the supply? The crypto industry’s past is riddled with projects promising big things that ended up forgotten. Will the dinner at Trump’s be enough to make these worries disappear?

Who really supports Trump Memecoin?

The profile of large holders intrigues as much as it worries. The presence of a pseudo “Sun” at the top of the leaderboard has sparked speculation about a direct involvement of Justin Sun, founder of Tron and loyal Trump supporter. Alongside, evocative pseudonyms like “elon” or “doge” fuel fantasies. But without solid proof, nothing confirms that major figures of the crypto industry are truly invested.

The lack of transparency still feeds the mistrust. The real identity of the main holders remains a mystery. Some investors therefore fear artificial price control, especially as Trump’s political past does not always reassure in a crypto world valuing independence and decentralization.

However, the exclusivity strategy continues to appeal to a segment of the crypto industry eager for recognition. Scarcity marketing — private dinner, no recording, “shoulder to shoulder” with Trump — acts as a magnet for crypto traders who love prestige. At this stage, everything depends on the project’s ability to convert the announcement effect into lasting value.

Between an ultra VIP dinner and massive capital outflows, Trump’s crypto is playing a double-or-nothing game. After the explosion of his memecoin following his shock declaration, here he is pulling out the big guns with this event. But after the dinner, what other surprise does Trump have in store to support his token? In the crypto industry, the next card could come faster than one thinks.