On May 24, according to Decrypt, most Trump MEME coin holders who obtained VIP status for Trump's exclusive dinner found their wallets empty when they arrived at Trump's national golf course for dinner on Thursday night.
On-chain data collected from the Solana blockchain explorer Solscan showed that the day after the dinner, only 8 out of the top 25 VIPs still held a certain amount of TRUMP, with most registered addresses transferring tokens to centralized exchanges within days after the May 12 snapshot. These 8 addresses include Justin Sun, whose address still holds 1.4 million TRUMP.
Although the VIPs previously held an average of approximately $4.78 million worth of TRUMP tokens, the group's current average token value has dropped to $2.11 million, which is largely due to the top two holders collectively holding tokens worth nearly $37.3 million.
