Most TRUMP dinner participants no longer hold TRUMP when attending the banquet

According to ChainCatcher news reported by Decrypt, most holders of the Trump Meme coin who obtained VIP status for the exclusive dinner with President Trump arrived at the Trump National Golf Club on Thursday night with no tokens left in their wallets.

On-chain data collected from the Solana block 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 of the addresses transferred their tokens to centralized exchanges within a few days after the snapshot on May 12. These 8 addresses include Justin Sun, who still holds 1.4 million TRUMP in his address. While the VIPs once held an average of approximately $4.78 million worth of TRUMP tokens, the current average holding value of the group has dropped to $2.11 million, largely thanks to the top two holders collectively holding tokens worth nearly $37.3 million.