TRUMP Memecoin Investors Use Clever Short Strategy to Slash Gala Dinner Costs to $1,200
Five major holders of the TRUMP memecoin gained exclusive access to a Gala dinner with Donald Trump at a significantly reduced cost. While standard entry required holding $54,500 worth of the token, the group implemented a hedging strategy to cut their net expense to just $1,200 per person.
The investors bought TRUMP tokens to qualify as top 220 time-weighted holders while simultaneously shorting an equivalent position to offset price risk. Both positions were closed immediately after securing dinner eligibility. "The dinner became effectively cost-neutral," said Morten Christensen of AirdropAlert.com, who shared the strategy on social media.
This arbitrage showcases the innovative financial tactics emerging around celebrity-linked meme assets. The TRUMP token’s volatility created opportunities for such strategic plays, though the approach carries execution risks during extreme price fluctuations.