BlockBeats News, May 24th. According to Decrypt, on Thursday night, most of the Trump Meme coin holders who had obtained VIP status for a special dinner with President Trump arrived at Trump National Golf Course to enjoy the dinner, only to find that their wallets were now empty of any tokens.
On-chain data collected from the Solana block explorer Solscan revealed that the day after the dinner, out of the top 25 VIPs, only 8 still held some amount of TRUMP, while the majority of registered addresses had moved their tokens to centralized exchanges in the days following the May 12th snapshot. These 8 addresses include Justin Sun, who still holds 1.4 million TRUMP tokens in his address.
While the VIPs had collectively held an average of around $4.78 million worth of TRUMP tokens, the group's current average holding value has plummeted to $2.11 million, largely thanks to the top two holders who together hold tokens worth nearly $37.3 million.