In a recent development reported by CNBC, former President Donald Trump is set to host an exclusive dinner for elite holders of the TRUMP token on May 22nd at a prestigious golf club located just outside Washington, D.C. This gathering will include the top 220 stakeholders, highlighting the token’s growing prominence in the crypto landscape. Analysis from the blockchain analytics firm Inca Digital reveals that a significant portion of the leading 275 TRUMP wallets is connected to global exchanges like Binance, which do not cater to U.S. customers, suggesting the predominant presence of non-U.S. citizens among these holders.
Bloomberg’s findings further emphasize this trend, indicating that out of the top 25 token wallets, 19 are likely owned by individuals based outside the United States. Despite a vast network of 560,376 wallets collectively reaping $5.2 billion in profits from the TRUMP token, an equally substantial 592,962 wallets have incurred losses amounting to $3.9 billion, showcasing the token’s volatility and the diverse experiences of its investors.