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Most TRUMP dinner participants no longer hold TRUMP when attending the banquet.
On May 24, Decrypt reported that most holders of the Trump Meme coin who obtained exclusive VIP identification for President Trump's dinner arrived at Trump National Golf Club to enjoy the dinner on Thursday night with no tokens left in their wallet. On-chain data collected from the Solana blockchain explorer Solscan shows that the day after the dinner, only 8 of the top 25 VIPs still held a certain amount of TRUMP, while most had transferred their tokens to centralized trading platforms within a few days after the Snapshot on May 12. These 8 addresses include Justin Sun, whose address still holds 1.4 million TRUMP. While the VIPs once held an average of approximately $4.78 million in TRUMP tokens, the current average holding value of the group has dropped to $2.11 million, largely thanks to the fact that the top two holders combined hold tokens worth nearly $37.3 million.