President Trump hosts another meme coin celebration — VIP access price drops 90%

President Donald Trump plans to host another in-person event for president same corner It will be held at Mar-a-Lago later this month, and perhaps a sign of the times, the entry fee is considerably lower than last year.

The team supporting President Trump Solana-Traded as a base token. $Trumpfinalized the list of attendees on Tuesday, and the guest list was based on a leaderboard tied to token holdings and other factors.

Last time, a select group of participants each collected millions of dollars worth of tokens to earn “VIP” status. But the cost to earn the VIP label for President Trump’s latest event, a luncheon and conference for top holders, has been reduced by about 90% this time, from about $3 million to about $300,000.

The event’s highest level of access, VIP status, gives attendees a private “meet and learn” experience with “superstar” attendees such as Tether’s Paolo Ardoino, retired boxer Mike Tyson, and Ark Invest’s Cathie Wood. Bonus benefits beyond access to a luncheon with President Trump were given to the top 29 registrants. $Trump Holders who earned points based on time-weighted holdings of tokens from March 12th to April 14th.

Based on available on-chain holder data compared to Trump memes Team final leaderboardat least one account that achieved VIP status and ranked 12th overall (Solana address starting with “Ciz7y”) never exceeded 114,212. $Trump Tokens for a snapshot period of more than one month.

That amount is currently worth about $318,000, but reached about $473,000 when the token traded at $4.14 on March 15th.

Like other VIPs Solana address “2ciorM” Approximately 102,000 items were transferred $Trump We issued tokens on March 12th and made no other moves. These tokens are now worth $283,000, enough to rank the address in 17th place, well above the VIP cutoff.

These amounts are dramatically smaller than those seen at the first exclusive event for Trump Meme Coin holders last year. At this event, the top finalists each held millions of dollars worth of tokens to earn VIP status, which grants them special benefits. The last VIP holder from the event last May, 25th placewas worth nearly $3 million. $Trump Token at the time of the snapshot.

Back then, when you got your first VIP access; $Trump meme coin gala Official meme coins of the president worth about $4.78 million were needed on average.. Top holder – Account labeled “Sun” claimed by Tron founder Justin Sun as his own— energized the group by owning approximately $19 million in assets $Trump At the time of last year’s snapshot.

Tron founder said earlier this week Publicly bashing the Trump family’s World Liberty Financial business— Another crypto venture was once again the top holder on the meme coin leaderboard this year.

But this time, his account is worth only about $9.3 million. $Trump The price of the token has fallen sharply from its high. Maintains a balance of approximately 3.3 million $Trump tokens, or 1.4 million more tokens than the first time.

Currently, the official $Trump The token has recently been trading around $2.80, down 29% in the past month. 96% off all-time highs It achieved $73.43 immediately after its release. A brief explanation of tokens It rose about 40% after the announcement. The latest in-person events yielded gains, but those gains have since been erased.

By comparison, during last year’s limited event, the token closed intraday trading at around $13.08, approximately 370% higher than its current trading price.

This time, token holders were also awarded 10 points for every dollar spent on purchasing Trump-branded merchandise, such as hats and watches, during the token holding period, which cannot be accounted for by on-chain data.

While this bonus may have increased interest from some prospective VIPs, it appears that holders would have otherwise had to pay much less. $Trump Get tokens for special access this year.

last year $Trump Meme Coin Diner has drawn scrutiny from Democratic lawmakers. called for an ethics investigation into the invitation.. Famously, Senator Elizabeth Warren When an “orgy of corruption” occurs, He claimed people could use it to buy access to the president.

This year’s Mar-a-Lago event will require attendees to pass a background check and confirm they are not residents of a country subject to KYC monitoring. According to the terms, the event scheduled for April 25th may be canceled for any reason, and there is no guarantee that President Trump will attend.

If Trump is unable to attend or the event does not take place, attendees will receive a Trump-themed NFT.