PANews reported on April 25 that according to Cointelegraph, the Meme Coin team of US President Trump denied rumors circulating on social media that official TRUMP token holders need at least $300,000 to attend the upcoming dinner with Trump. The rumor originated from community members citing information from the Solana blockchain browser showing the holders of the token contract address. As of the time of writing, the browser shows that the 220th holder holds 33,114 TRUMP tokens, worth more than $400,000. However, the Meme Coin team said that the browser does not reflect their standards. The team wrote in a statement: "People mistakenly use the 220th holder data on the blockchain browser as the qualification line, which is inaccurate. Because the data includes locked tokens, exchange positions, market maker positions, and user positions that do not participate in the event. The actual participation qualification should be based on the official rankings." According to the official website of Meme Coin, the team will select winners based on "time-weighted holdings", which comprehensively considers the number of tokens held and the length of time they are held.
In addition, Trump's Meme Coin team clarified that the rumor that it is "unlocking a large number of tokens" for this competition is also untrue. It also stated that the user "Sun" currently ranks first with 1,176,803 TRUMP (worth about $14 million), while the user "HAR" ranked 220th only holds 35.3 TRUMP (worth about $420).
