How much does a meal at Trump's house cost? The TRUMP team clarifies that the dinner threshold is very low, not requiring $300,000!

U.S. President Trump has once again become the focus of the crypto market. His "Dinner with the President" event not only caused the price of his meme coin $TRUMP to pump, but also revealed the Trump family's active layout in the encryption field. This move has sparked heated discussions in the market and highlighted the increasingly intertwined trends of politics, business, and the crypto world.

The Ultimate of Fan Economy: TRUMP Holders Compete for Dinner Seats

Trump, following yesterday's launch of a special event based on the $TRUMP meme coin, stated that holders of the top 220 tokens by holding ratio will be invited to a private dinner "Dinner with Trump" where they can dine with the president, and the top 25 will enjoy VIP reception and special arrangements.

Although the "White House trip" was initially mentioned, the related terms have since been removed from the website, and it will now be held at Trump's golf club (Trump National Club) in Washington. It is reported that Trump himself will personally discuss the future of encryption currency with the attendees.

In addition, the official website announced that the unlocking tokens during the event period will be locked for an additional 90 days, which is also seen as a measure to stabilize the coin price and ensure fair competition, bringing considerable credibility to the outside world.

As soon as the event news was released, it immediately pumped the price of $TRUMP coin.

( TRUMP holders of the coin have exclusive dinner opportunities! The first 220 will be invited to dine with Trump )

The threshold is lower than expected, and the officials emphasize that "everyone can participate."

To clarify the misunderstanding regarding the high threshold for participation in the event, the official $TRUMP X account made a statement this morning, indicating that "the actual threshold is much lower than rumored."

Currently, some people mistakenly cite the top 220 on the blockchain explorer as the participation threshold, but this is incorrect. The ranking includes locked tokens, exchange addresses, market makers, and individuals who do not intend to participate.

And to add, "You don't need to have $300,000 to participate, nor do you need to compete with a lot of whales!"

The event ranks based on "time-weighted holdings (time-weighted holdings)", which means the earlier you register, the more advantageous it is. Currently, the leaderboard shows that the user in 1st place holds over 1.17 million $TRUMP (, approximately 14.04 million dollars), while the user in 220th place holds only 58.5 coins(, approximately 712 dollars), indicating that everyone seems to have a chance to compete for the dinner qualification.

However, due to the calculation standard being "average holding amount", participants who want to ensure qualification will inevitably need to hold a large amount of coins for a long time, which will continuously increase the actual participation cost. The true price can only be determined after the snapshot day on May 12, (.

Is TRUMP considered a meme coin or a utility token?

According to the official website's FAQ, the $TRUMP team has repositioned itself as a token of practical significance, rather than just a meme coin:

It now has practical value: dinner with the president! There may also be guided activities!

This dinner event has sparked renewed discussions about "influencer economy" and "conflicts of interest": "Why are some willing to spend hundreds of thousands of dollars just to have dinner with Trump?" Some believe it is due to entertainment value or personal idolization, or it could be a deeper motivation of "political investment."

Even so, the event still attracted a large number of participants and investors, demonstrating the market's interest and speculation potential for products that combine celebrity effects with financial investments.

)Trump's encryption hegemony: from meme coin speculation to strategic reserves, a national-level wealth harvesting plan(

Encryption politicization? The boundaries of commercial interests are under scrutiny again.

Whether supporters or skeptics, the Trump family's recent event successfully pushed the $TRUMP token to a recent high, also prompting a reevaluation of the "practicality" of encryption. From a meme coin transforming into a "dinner ticket," $TRUMP once again validates the infinite possibilities of the crypto world while also revealing its susceptibility to manipulation and exploitation.

As the economist Walter Bagehot said: "Capital will flow like water to where it is most needed, and where it can be best appreciated." Is the crypto world worth it? Perhaps the answer is still to be proven.

How much does a meal cost at Trump's house? The TRUMP team clarifies that the dinner threshold is very low, not 300,000 USD! First appeared in Chain News ABMedia.