In total, the 220 winners of the contest to attend the dinner spent $394 million on Trump’s official cryptocurrency.

In total, the 220 winners of the contest to attend the dinner spent $394 million on Trump’s official cryptocurrency.

More than 200 wealthy, mostly anonymous crypto buyers are coming to Washington on Thursday to have dinner with Donald Trump. The price of admission: $55,000 to $37.7 million.

That’s how much the 220 winners of a contest to meet Trump spent on his volatile cryptocurrency token, $TRUMP, according to an analysis by the blockchain analytics company Nansen.

The top $TRUMP coin holders at a specific time — determined by the dinner’s organizers — secured a seat.

  • KindnessIsPunk@lemmy.ca
    30·
    21 hours ago

    TL;DR:

    President Trump is hosting an exclusive crypto-funded dinner where attendees paid between $55,000 and $37.7 million in his official cryptocurrency, $TRUMP, for a seat.

    $394 million total was spent by winners averaging $1.8 million per seat

    80% of the crypto project is owned by Trumps various companies.

    Most winners are foreign nationals (72%), breaking U.S. campaign finance laws.