BroadChain News, April 27, 15:40 - A ticket to meet the US President was hyped to $8,000 on the secondary market. In January 2025, Trump launched a personal Meme coin under his own name; five months later, he announced that the top 220 holders could attend a dinner at his golf club. By March 2026, the token's price had plummeted 96% from its peak, but Trump's team announced a second holder gathering, scheduled for April 25, with 297 spots available.
Bigsong, a partner at crypto fund Saucerful Labs, saw an arbitrage opportunity. He determined that competing for rankings was not difficult: the ranking system was based on holding time points and only counted on-chain addresses and Robinhood accounts, leaving a large amount of exchange holdings unaccounted for. The team borrowed TRUMP tokens from lending platforms, shorted contracts to lock in price risk, used AI to write programs to monitor on-chain data and track competitors' points in real-time. Ultimately, they secured 40 of the 297 spots.
Ticket sales were conducted in two phases: first, they sought super agents with distribution capabilities on social media, providing scripts and promotional images; then, five days before the registration deadline, they promoted to the crypto community. All 40 tickets were sold out, with buyers including Chinese students in the US, Hong Kong and Taiwan socialites, young entrepreneurs, and families accompanied by elders. Bigsong stated that most of these buyers were ambitious, and he used his abilities to help them realize their wishes.