The Trump Meme Coin team refutes rumors of a "$300,000 dinner participation threshold."

PANews reported on April 25 that, according to Cointelegraph, U.S. President Donald Trump's meme coin team denied rumors circulating on social media that official TRUMP token holders need at least $300,000 to attend the upcoming dinner with Trump. The rumor stems from community members citing the Solana blockchain explorer to display information about token contract address holders. At the time of writing, the browser shows that the 220th holder holds 33,114 TRUMP tokens, worth more than $400,000. However, the Meme Coin team stated that the browser does not reflect their standards. "It's inaccurate for people to mistakenly use the 220th holder data on blockchain explorers as the eligibility line," the team wrote in a statement. This is because this data includes locked tokens, exchange positions, market maker positions, and user positions that have not participated in the event. The actual eligibility for participation shall be subject to the official leaderboard. According to the information on the official website of Memecoin, the team will select the winners based on the "time-weighted holdings", which comprehensively considers the number of tokens held and the holding period. In addition, Trump's Meme coin team clarified that the rumor about "unlocking a large number of tokens" for this competition is also not true. They stated that currently, the user "Sun" is in the lead with 1,176,803 TRUMP (worth about $14 million), while the user "HAR" in 220th place holds only 35.3 TRUMP (worth about $420).