The Trump Organization and its partners aren’t just standing by. According to Chainalysis, they’ve taken in more than $320 million in trading fees since launch. Over $1 million of that came after the dinner invitation was announced. On April 23, investors snapped up roughly $1.7 billion worth of tokens. Fees add up fast when volumes spike.
Somebody appears to have registered an HTX Cold Wallet for the Donald Trump dinner.
HTX holds $14.6M TRUMP in this wallet, making it the largest wallet registered for the dinner.
A leaderboard on the TRUMP site shows an account named “Sun” as the biggest holder. That wallet has been traced to HTX, the offshore exchange advised by crypto billionaire Justin Sun. More than half of the top holders appear to be overseas. Even usernames, like one investor called “noah” at No. 25, can’t hide real-world ties.
If you were in the top 220 on the leaderboard, check the email you signed up with for details on the Dinner with President Trump as soon as possible. There will be background checks that…
One public company, Freight Technologies of Houston, said it plans to buy $20 million in tokens. Its CFO pointed out they’re not after dinner invites. The move is part of a “digital asset strategy,” the CEO said, to push for fair trade between Mexico and the US.
Meanwhile, the memecoin team is rolling out crypto collectibles and a rewards points program for top holders. They’ve teased more promos soon. It looks like this is only the start of the TRUMP experiment.
Featured image from The Etiquette Consultant, chart from TradingView
