US President Donald Trump’s memecoin team denied social media rumors that holders of the Official Trump (

Trump to hold dinner for top 220 memecoin holders

On April 23, the Trump Coin team revealed the leaderboard, showing the wallet addresses of those who are in the lead to qualify for the dinner event. 

The final guest list is still not finalized, but the memecoin team said any tokenholder who wants to be eligible must go through a background check. In addition, their wallet will also go through Know Your Customer and compliance measures. 

According to the memecoin’s official site, the team will pick the winners based on time-weighted holdings. This calculates the amount held and the time the tokens were held. “The longer you hold, the higher your weighted score becomes,” the team wrote. 

At the time of writing, the top holder in the leaderboard holds over 1.1 million tokens, worth $14.6 million, but only has a time-weighted score of over 686,000. The 220th wallet holder has 1,125 TRUMP, valued at almost $15,000, and a score of 136. 

The leaderboard also shows that some addresses with zero current TRUMP holdings remain eligible for the dinner. This is likely due to how long they previously held their tokens.

Magazine: Pokémon on Sui rumors, Polymarket bets on Filipino Pope: Asia Express