tl;dr
Last month’s Trump meme coin holders dinner invited the top 220 holders to an event at Trump’s National Golf Club in Washington, D.C. Attendees and registrants were airdropped up to three limited-edition NFTs on Solana, categorized as “Power to the Holders,” “Gold Gala Dinner,” and “Diamond Hands” b...
Last month’s Trump meme coin holders dinner, held at Trump’s National Golf Club in Washington, D.C., invited the top 220 coin holders for an exclusive gala. Attendees and registrants received up to three limited-edition NFTs on Solana, categorized as “Power to the Holders,” “Gold Gala Dinner,” and “Diamond Hands” based on their attendance and token holding status.
These NFTs have drawn significant resale attention despite lacking practical utility. One Diamond Hands NFT recently sold for approximately $16,000, while Gold Gala Dinner and Power to the Holders NFTs trade with floor prices around $7,700 and $1,200 respectively. Some registered participants who did not make the top 220 cutoff also received NFTs, with sales reaching up to $4,000 in that category.
The event itself attracted protests and criticism from U.S. Democrats concerned about potential foreign influence through the meme coin, with over 100 demonstrators gathering outside. Opinions from attendees varied: some enjoyed the brief presence of former President Trump, while others expressed disappointment over limited personal interaction and the quality of the dinner.
The official Trump meme coin Twitter account described these NFTs as “historic collector’s items that celebrate the Crypto President,” underlining their collectible nature rather than any functional use. Distribution details show that 1,049 addresses received the Power to the Holders NFT, 219 addresses the Gold Gala Dinner NFT, and 118 the Diamond Hands NFT.
Some buyers applied arbitrage strategies—buying TRUMP tokens on spot markets while shorting elsewhere—to qualify for the dinner but sold their tokens before the event, missing out on the highest tier Diamond Hands NFT and its lucrative resale potential. One Diamond Hands NFT recently sold for 99.9 SOL (around $16,000), while the other tiers have much lower resale floors.
Suggestions for future utility include exclusive perks like golf rounds at Trump’s Mar-a-Lago resort for Diamond Hands holders—an idea that received an enthusiastic response from the official TRUMP meme coin account.
The gala highlighted not only the evolving dynamics of meme coin culture and NFT value but also the political scrutiny such events face. As the landscape of crypto collectibles continues to mature, the Trump meme coin dinner NFTs stand as a fascinating case study in hype, speculation, and the quest for exclusive status within the crypto community.