Meme Coin $TRUMP is back in the spotlight
EmberCN drew attention to an investor who realized a profit of $732,000, but instead of withdrawing, decided to spend all the income on purchasing 427,000 TRUMP at an average price of $13.40 per token. In total, he spent $5.73 million in USDC on that amount of coins.
The increase in activity around the meme coin TRUMP has proved extremely beneficial for Donald Trump's team. According to Chainalysis, over the last two days, the total revenue from trading fees related to the token amounted to $900,000. Large investors are actively increasing their positions, aiming to become among the largest holders of the token. Previously, representatives of the meme coin project announced that the 220 largest wallets holding TRUMP would receive an invitation to dinner with the president, and another 25 would attend a VIP reception and tour.
The requirements caused a stir. Analysts at Cryptorank calculated that to make it into the top 220, one needs to hold tokens worth over $395,000. However, the TRUMP team clarified that participants do not need to invest hundreds of thousands of dollars. What matters is not the number of tokens but the duration of their holding.$SOL $ADA