Fight Fight Fight LLC, the operator of the $TRUMP Coin Club, has announced a contest for holders of the memecoin. The 185 highest-ranked participants will receive an invitation to a gala dinner with President Donald Trump, to be held on November 22 at Trump National in Washington. Organizers promise "an evening with three legends and the president," while the top 29 participants will gain access to a VIP reception. The four leaders of the ranking will additionally receive Trump gold watches made of 18-karat gold.
The ranking is based on how long participants hold their tokens. The longer a participant maintains their balance, the higher their position. The results will be announced on November 12, with bonuses provided for those who took part in the previous Formula 1 contest. A private meeting with the president is not guaranteed, and gifts will not be accepted.
The contest takes place against the backdrop of a catastrophic decline in the token. $TRUMP is trading at around $2.06, which is 97% below its January 2025 peak, when the price reached between $73 and $75. According to Nansen, nearly 989,000 wallets had lost a combined $3.81 billion by the end of June. Analysts at Public Citizen estimate total investor losses in Trump's crypto projects at $4.7 billion.
The event predictably triggered an immediate political reaction. Senate Democrats are threatening a new investigation, while critics call such dinners "a textbook pay-to-play scandal." Trump himself held a similar dinner for the top 220 holders in May, and that event was also accompanied by criticism.
As reported by the Happy Coin News editorial team, the US president has earned more than $1 billion from crypto assets, while most buyers of his tokens have remained at a loss. The new promotion appears to be an attempt to retain remaining holders, but it is unlikely to change the grim statistics.
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