{"id":24006,"date":"2025-05-14T19:40:09","date_gmt":"2025-05-14T16:40:09","guid":{"rendered":"https:\/\/forklog.com\/en\/trader-secures-trump-dinner-spot-for-1200\/"},"modified":"2025-05-14T19:40:09","modified_gmt":"2025-05-14T16:40:09","slug":"trader-secures-trump-dinner-spot-for-1200","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trader-secures-trump-dinner-spot-for-1200\/","title":{"rendered":"Trader Secures Trump Dinner Spot for $1,200"},"content":{"rendered":"<p>Buyer <a href=\"https:\/\/u1f987.com\/en\/news\/winners-of-the-trump-competition-to-undergo-checks-before-dinner-with-trump\">TRUMP<\/a> Morten Kristensen and four of his friends received invitations to a <a href=\"https:\/\/u1f987.com\/en\/news\/trump-hosts-gala-dinner-for-top-trump-meme-coin-holders\">gala dinner<\/a> with U.S. President Donald Trump, spending about $1,200 for a spot. This was reported by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-14\/trump-memecoin-speculator-says-presidential-dinner-is-costing-him-just-1-200\">Bloomberg<\/a>.<\/p>\n<p>To be among the top 220 holders, one needed approximately $54,500 in tokens over the past three weeks. However, Kristensen and his friends found a way to spend only on trading fees.<\/p>\n<p>They purchased the necessary amount of TRUMP and opened a short position for the same amount. After the final guest list was announced, they sold the tokens and closed the short positions.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;We figured participating in the competition wouldn&#8217;t be too expensive, we tried it and did it,&#8221; noted Kristensen.<\/em><\/p>\n<\/blockquote>\n<p>The trader first bought tokens in January, an hour after the announcement. According to him, he sold the assets for 30 times the price that same weekend.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Then he announced the dinner, at first I ignored it, thinking the competition would be too fierce. Then eight days before the end, I saw the leaderboard. It wasn&#8217;t that expensive, maybe $60,000 or $70,000,&#8221; added the trader.<\/em><\/p>\n<\/blockquote>\n<p>Friends wrote a special program that tracked the portfolios of potential guests and predicted the amount of tokens needed to make the list.<\/p>\n<p>According to Kristensen, when major players entered the competition, the group of five traders decided to buy more TRUMP to secure their positions.<\/p>\n<p>At the time of the winners&#8217; announcement, the user held about $250,000 in the &#8220;presidential meme coin.&#8221; He ranked 188th under the nickname Aird.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdkOmerF3Gz79aS-8N1IbYIZw1578HLiLwLbx37aAEPGYnroi9DpU0EnE4n8xaxbv1JJYhHCITUwEgDA-2sF6bfbLH9TK-j9YuFxzRJ_aPFuVHO3l1xXJ8hEBSSyD5vLxfjB-ScBA?key=xqFYA_DX5TphjhFNpaBp2g\" alt=\"Trader Secures Trump Dinner Spot for $1,200\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/trumpdinner.gettrumpmemes.com\/leaderboard\">GetTrumpMemes<\/a>.<\/figcaption><\/figure>\n<p>The trader has already received notification, provided the necessary data for <a href=\"https:\/\/u1f987.com\/en\/news\/winners-of-the-trump-competition-to-undergo-checks-before-dinner-with-trump\">checks<\/a>, and booked plane tickets.<\/p>\n<p>Earlier, Senator Richard Blumenthal <a href=\"https:\/\/u1f987.com\/en\/news\/trumps-crypto-ventures-under-scrutiny-for-conflict-of-interest\">initiated<\/a> an investigation into Trump&#8217;s crypto connections, demanding disclosure of financial flows and the ownership structure of his projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buyer TRUMP Morten Kristensen and four of his friends received invitations to a gala dinner with U.S. President Donald Trump, spending about $1,200 for a spot. This was reported by Bloomberg. To be among the top 220 holders, one needed approximately $54,500 in tokens over the past three weeks. However, Kristensen and his friends found [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,26],"class_list":["post-24006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"56","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/24006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=24006"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/24006\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/24005"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=24006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=24006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=24006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}