Top TRUMP Holder Has 2.2M Tokens Ahead of Donald Trump’s Gala Event

Top TRUMP Holder Has 2.2M Tokens Ahead of Donald Trump’s Gala Event

Key Highlights:

  • A wallet labeled “Little x” leads the Donald Trump-inspired, ‘TRUMP memecoin’ leaderboard with about 2.2M tokens worth nearly $9M.
  • The top 297 holders qualify for a luncheon at Mar-a-Lago, while the top 29 gain VIP access.
  • Token holders earn reward points hourly, determining eligibility to attend the event featuring Donald Trump.

The leaderboard for the upcoming luncheon linked to the TRUMP token has begun to reveal the scale of holdings among largest participants of Donald Trump’s upcoming event. Data from the ranking system shows that the current top position is held by a user identified as “Little x,” a Chinese account that has accumulated a dominant lead in the contest tied to the event.

According to the live leaderboard, the wallet currently holds a score of around 1.533 billion points. The ranking system awards one point for every TRUMP token held per hour, i.e., the user is effectively maintaining a balance of nearlly 2.2 million tokens. At the current market price of about $4.10, the holdings translate to an estimated value close to $9 million.

$TRUMP Leaderboard Topper Holder Has 2.2M Tokens

The leaderboard continues to update hourly as participants collect points through token ownership and related purchases. At present, the score attached to the leading position is still rising at a steady rate. The pace of roughly 2.2 million points every hour reflects the large token balance held in the associated wallet.

The ranking system determines eligibility for a private event scheduled to take place at the Mar-a-Lago property. The gathering is planned for April 25 and is centered on the largest token holders of the TRUMP coin ecosystem. Organizers have described the event as a conference and gala luncheon featuring Donald Trump and a group of invited guests.

Participation is limited. The top 297 addresses on the leaderboard will receive invitations to attend the luncheon. Within that group, the top 29 holders qualify for an additional VIP experience that includes a reception, a champagne toast, and access to a private tour of the Mar-a-Lago estate.

Note that even as the top address holds more than a billion points, the current threshold required to secure a seat among the top 29 positions is around 1.5 million points. The cutoff for entry into the wider group of 297 participants is considerably lower, with the current qualifying level standing at roughly 31 points.

The ranking system behind the event relies on a points structure connected to token ownership and purchases of official merchandise. 

For each TRUMP memecoin, holders receive one reward point every hour while the meme is retained in the supported wallets. These include wallets based on the Solana network and accounts with a brokerage platform Robinhood. Attendees may also earn their points by purchasing products in brand-related ways. Things like Trump-themed sneakers, watches and fragrances add up to ten reward points for every dollar spent. In contrast to token holdings, these points are given only once upon purchase and are not accumulated over time.

On the other hand, market data shows the TRUMP token trading slightly lower over the past day. The asset was priced near $4.02 at the time of writing, showing a modest decline of about 0.83 percent over the previous 24 hours. Trading activity has also gone down somewhat, with daily volume standing near $934.9 million after a small drop during the same period.

Also Read: Donald Trump Accuses Banks of Blocking Clarity Act in Crypto Push

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Ritu Lavania
Written by Ritu Lavania
Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She is part of the team at CryptoNewsZ, where she writes insightful and engaging content. She has also contributed to TheCryptoTimes and The Coin Edition, where her work has been well received by the crypto community. Skilled in research, creative writing, SEO, and cross-functional collaboration, she creates content tailored to diverse audiences. Passionate about education, she dedicates time to teaching kids and expressing herself through poetry. Always eager to learn, she continuously explores new trends in blockchain and digital assets. She believes in the power of storytelling to make complex crypto topics more accessible and engaging for readers worldwide.