The team behind the $TRUMP campaign meme coin issued a clarification on April 24, emphasizing that holders do not need to spend $300,000 to qualify for the “Dinner with President Trump” contest.
This announcement comes after widespread confusion stemming from misinterpretations of the contest’s leaderboard data.
Trump Meme Project Addresses Leaderboard Confusion
According to the project team, entry into the contest is determined solely by registered users listed on the official leaderboard, which tracks time-weighted balances of $TRUMP tokens.
The team explained that some community members mistakenly thought that position #220 on a block explorer required a $300K holding. In reality, that figure included locked, exchange, and market-making wallets, not participants.
“All participants must register officially to be eligible,” the team reiterated. As of the latest update, the 220th-ranked wallet only held about $400 worth of $TRUMP tokens.
The official leaderboard can be viewed at trumpdinner.gettrumpmemes.com.
Additionally, the team announced that any tokens from cliff unlocks and daily distributions would remain locked for an extra 90 days—beyond the contest timeline.
They concluded by stating: “The field is wide open and it’s anyone’s opportunity to have Dinner with President Trump.”
Trump Media’s Expansion Into ETFs Blends Crypto and Politics
Meanwhile, Trump Media and Technology Group continues to deepen its push into financial markets, announcing plans to launch a suite of digital asset ETFs under the Truth.Fi brand.
The initiative is a partnership with Crypto.com and Yorkville America Digital, aiming to create funds that combine exposure to cryptocurrencies with U.S.-focused equity sectors like energy.
Trump Media revealed intentions to allocate up to $250 million in company capital toward these offerings, which will also include separately managed accounts aligned with American economic priorities.
This strategy reflects a larger trend of using digital tokens not just for payment purposes, but as tools for political engagement and identity building, blending finance, fandom, and partisan branding in new ways.
Frequently Asked Questions (FAQs)
How is eligibility determined for the $TRUMP contest?
Eligibility is based on the average (time-weighted) $TRUMP token holdings throughout the competition period, rewarding long-term holders rather than those who buy tokens at the last minute.
What impact might Trump Media’s ETF plans have?
By launching politically branded ETFs tied to digital assets and traditional sectors, Trump Media could shape a new niche market, appealing to investors aligned with nationalist economic themes.
Are political figures commonly linked with crypto products?
While many politicians have expressed support for or skepticism toward crypto, direct participation through launching financial products like tokens or ETFs remains rare and could set a new precedent.
