Securing a lunch meeting with Donald Trump could require an expenditure of as much as $6 million.

Qualifying for Trump’s crypto gala may require an investment starting at $70,000 and can exceed several million, with rankings influenced more by timing and strategy than by the total amount held.

Donald Trump (Jesse Hamilton/CoinDesk)

What to know:

• Onchain information indicates that qualifying for Trump’s crypto luncheon may start at approximately $70,000, while the highest-ranked participants have invested over $6 million to enhance their position on the leaderboard.
• The wallets vying for entry do not necessarily represent the largest TRUMP holders. Data from Solscan reveals that top-ranked wallets generally rank below the biggest holders, which are typically associated with exchanges, liquidity pools, and the project team.
• Certain high-ranking wallets gathered tokens months prior and have retained them, while others climbed the rankings through substantial, recent acquisitions, demonstrating that the leaderboard incentivizes both long-term holding and aggressive purchasing.

Attending Donald Trump’s upcoming crypto luncheon may require an entry fee as low as $70,000, but it could also surpass $6 million, contingent upon the strategies participants employ to ascend the leaderboard that dictates entry, even as the token trades nearly 96% below its all-time high.

The event, announced last week, is scheduled for April 25 at Mar-a-Lago, Trump's private venue in Palm Beach, Florida. The attendee limit is set at 297 and is dependent on ownership of the TRUMP memecoin. Wallets are ranked using “Trump Points,” which signify token exposure over time. These rankings, rather than mere ownership, determine eligibility for invitations.

This luncheon represents the second of its kind for meet-the-president gatherings, following the previous dinner announcement in April 2025. That earlier event led to protests from Democratic lawmakers who expressed concerns regarding Trump profiting from his own crypto token while simultaneously advocating for legislation to support the industry and appointing regulators to oversee cryptocurrencies. Such concerns have, in part, hindered ongoing legislative efforts sought by the crypto sector, as U.S. lawmakers are presently attempting to advance the Digital Asset Market Clarity Act.

Onchain data reveals that participants in this new gathering are approaching it with varied strategies (previously, only the top 220 holders received invitations), and the leaderboard of these successful wallets serves as a clear illustration.

In the past week, the address identified as DNTpoX, currently leading the leaderboard, received over $6 million worth of TRUMP tokens from Binance, including transfers of 1 million and 999,999 tokens in a short timeframe, representing most of its holdings. This trend suggests a rapid accumulation, indicating that the holder has advanced in the rankings through recent purchases rather than long-term holdings.

This buying activity within a limited timeframe coincides with broader trading trends related to the token. The leaderboard accommodates both tactics: wallets that acquired tokens early and maintained them through the token's downturn have accumulated points over several months, while financially capable newcomers can still ascend the rankings swiftly by investing significantly.

The top 29 holders on the leaderboard will participate in a private VIP gathering with Trump and receive a tour of the event location, while others will only join the gala itself.

TRUMP leaderboard (gettrumpmemes)

However, not every entry on the leaderboard seems to be linked to individual investors.

One wallet that made it onto the leaderboard is tagged as "Sun," suggesting it could belong to crypto investor Justin Sun. Although Sun did acquire $21 million worth of the memecoin last year, onchain analysis indicates that this wallet is filled with transfers from HTX – an exchange closely associated with Sun. The data appears to represent internal wallet movements rather than ownership by a single entity. Justin Sun has not responded to CoinDesk’s request for comment.

Further down the rankings, the entry cost appears to be significantly lower.

Based on wallet balances at the lower end of the top 300 and current values, some positions are valued at tens of thousands of dollars. This suggests a probable entry point of around $70,000, although the precise cutoff will vary as rankings change.

This range is considerably less than the multimillion-dollar positions at the top, yet still signifies a substantial financial investment.