Trump memecoin whales pile in ahead of Mar-a-Lago gala
CoinCarp data shows over 91% of TRUMP supply is concentrated in the top 10 wallets, and 97% is held by the top 100 wallets.
The number of whale wallets holding more than one million TRUMP tokens tied to US President Donald Trump has surged to a five-month high after announcing a luncheon at his Florida home for top holders last week.
There are now 83 wallets holding more than 1 million TRUMP (TRUMP), equating to $3.7 million, making it the highest showing for the memecoin since Oct. 8 last year, Santiment said in an X post on Monday.
The luncheon with Trump is set for April 25 at his Mar-a-Lago residence in Florida, according to Trump’s team. The top 297 token holders are invited, with the top 29 eligible for a private reception with the president, subject to passing background checks.
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