The Trump Memecoin Dinner Winners Are Getting Rid of Their Coins
Next week, a coterie of crypto investors will share an extravagant dinner with US president Donald Trump at his golf club in Washington, DC. They won their seats at the dinner by purchasing large amounts of Trump’s personal crypto coin. But since their places were confirmed on Monday, almost half have gotten rid of their holdings, whether by selling the coins or transferring them to different wallets, a WIRED analysis shows.
The team behind the TRUMP coin announced the dinner competition on April 23, promising to invite the top 220 holders to dine alongside the president. The top 25, meanwhile, would qualify for a doubly exclusive tour and predinner reception, the website explained.
The organizers selected the attendees based on who had…