The Trump Memecoin Dinner Winners Are Getting Rid of Their Coins

Exclusive invites to meet President Trump in Washington DC were extended to the top 220 TRUMP coin holders, selected based on significant investments and long-term holding of the cryptocurrency. Among them, Sheldon Xia, founder of BitMart, publicly revealed his status, but most identities remain hidden behind usernames or addresses. Meanwhile, some attendees, including a VIP who sold their TRUMP holdings for $2.5 million, showed eagerness to capitalize on Trump's presence. Analysts warn that this event may trigger selling pressure, potentially hurting the coin's value. Only nine high-performing crypto investors remain invested in TRUMP as of Friday, according to Nansen’s analysis.