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ZEC $1,327 Trump memecoin opens 185-seat contest for November 22 Washington gala
Organizers of the Official TRUMP memecoin opened a time-weighted contest that gives 185 holders seats at a Nov. 22 dinner at Trump National.
Key takeaways
- The field is narrow. Only 185 holders qualify for the Nov. 22 dinner, and 29 receive VIP access.
- Losses are large. Nansen counted $3.81 billion in combined losses across 988,905 wallets through the end of June.
- Insiders hold most supply. Insiders still control roughly 80% of supply, while the token trades near $2.04.
What happened
Organizers of the Official TRUMP memecoin opened a contest that offers 185 holders seats at a Nov. 22 dinner at Trump National in Washington, D.C. Fight Fight Fight LLC, the company operating the TRUMP Coin Club, set eligibility by a Nov. 12 snapshot. Standings update daily on a time-weighted leaderboard, which scores holders on how many tokens they hold and how long they keep them. The top 29 holders receive VIP access, and four qualify for 18K gold Trump watches.
After the Nov. 12 snapshot at 1 p.m. Eastern, VIP qualifiers must maintain at least their snapshot token balance through Nov. 22. Selling below that level may forfeit VIP bonuses, although the holder can still attend dinner. Attendees receive in-person gifts, including a TRUMP fragrance, a commemorative poster, a trading card and a Fight Fight Fight watch. Nothing ships, and the organizers exclude private presidential meetings. A separate meet-and-greet with an unannounced celebrity is listed, and existing Coin Club members must register separately.
Why it matters
This is the third time the project has tied token holdings to presidential access. The May 2025 dinner invited the top 220 holders to the same venue, and April 2026 brought a Mar-a-Lago conference for roughly 297 top holders. Both earlier gatherings triggered short-term volume spikes followed by selling. The November contest is smaller, at 185 seats.
The token trades around $2.04, roughly 97% below its January 2025 peak near $73, $75. Nansen put combined holder losses at $3.81 billion across 988,905 wallets through the end of June, while insiders still control roughly 80% of supply. U.S. senators previously requested an SEC investigation into the token and its financial arrangements.
Background
Non-U.S. wallets dominated the May 2025 guest list, with 19 of the top 25 addresses linked to international exchanges, which drew congressional criticism over foreign capital exposure. Trump's financial disclosure reported a $636 million payout tied to the memecoin and at least $1.4 billion in crypto-related income. In July 2026, Trump's team moved approximately $16.9 million in TRUMP tokens to Fireblocks custody as Senate voting on the CLARITY Act neared.
What is still unclear
- The event page lists Sep. 30 through Nov. 12 as the scoring window, while the project's terms, last modified Sep. 29, specify Oct. 5 through Nov. 12 as the gala measurement period.
- Eligible Formula 1 contest participants can earn a bonus equal to 10% of their final F1 score if they retain at least their Oct. 1 token balance through the measurement period.
- The identity of the celebrity in a separate meet-and-greet has yet to be announced.
Questions readers ask
How many TRUMP holders can attend the November 22 gala?
The top 185 wallets on a time-weighted leaderboard qualify for dinner at Trump National in Washington, D.C. The top 29 also get a VIP reception, and four receive an 18K gold Trump watch.
When does TRUMP memecoin contest scoring lock?
Scoring locks on a Nov. 12 snapshot at 1 p.m. Eastern. After that, VIP qualifiers must keep at least their snapshot token balance through Nov. 22.
How much have TRUMP memecoin buyers lost?
Nansen put combined holder losses at $3.81 billion across 988,905 wallets through the end of June. Roughly two-thirds of wallets that purchased TRUMP had lost money.
Does the dinner include a private meeting with President Trump?
No. The organizers explicitly exclude private presidential meetings, and a separate meet-and-greet with a celebrity whose identity has yet to be announced is listed instead.
