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These crypto investors had secured an invitation to dinner, although their online letters showed that they stopped zero of the memoins, a kind of digital currency of innovations that were often based on a joke or a mascot.

This is due to a peculiarity in the rules: the winners were selected due to the average number of coins they had in the three weeks in which the competition took place at the end of the bid.

The participants expected the price of the coin to fall off to stop the competition. And that was exactly what the winners announced on Monday afternoon. At that time, almost 20 of the participants had sold or broadcast their $ Trump Holdings, as can be seen from an analysis of the New York Times.

These dealers had managed to benefit from the price of the competition that was driven by the promotion of the competition, and still secure a seat at dinner, which was discontinued on May 22nd in the Trump National Golf Club in Virginia.

That was not the plan. Mr. Trump and his partners who control 800 million of the coins were beneficial when the price remained high. So Mr. Trump had asked people to buy the coins during the auction period, and his partners encouraged investors to keep them after the end.

Trading Rasing began on April 23, when a website with Mr. Trump's coin announced the competition. On the website, Mr. Trump said on a dinner with the top 220 owners of the coin and an “exclusive reception” with the top 25, which would also win a tour in the White House the next day. A arcade-style ranking watched the ranking and made it possible for the crypto investors to see what they had to spend to make the cut.

The competition issued an increase in commercial activities because investors to meet Mr. Trump and in some cases to use this access to guidelines that would benefit the crypto industry.

The competition was also an opportunity to make sophisticated dealers a quick profit.

A buyer bought the value of 2.2 million US dollars in early April a few weeks before the start of the competition. The account seemed to have sold everything until last Thursday and to put 957,779.25 US dollars on the flip. (The buyers were only identified by their chosen nicknames. This buyer was called “Noah”.)

But because this buyer's account had so many coins at the beginning of the process, it was occupied on the ranking on 25th place, which means that the one who controls it should secure a seat for dinner and the tour of the White House.

The competition was criticized by Democrats and Republicans on the Capitol Hill and a few ethical walls, which Mr. Trump referred to him as corrupt money fork.

“I could not have imagined a leader of the United States to work for this type of group,” said Senator Jeff Merkley, Democrat of Oregon, in an interview on Monday. “The White House and President Trump sell access to the government and themselves from personal profits.”

It is particularly worrying that most of the winners of the competition remain anonymous and that many of them, based on the stock exchanges with whom they bought the coins, seem to be overseas while others have said to have said that they bought to try the US guidelines.

Mr. Merkley has introduced a draft law that would prohibit every president, vice president or manager and his family members from a crypto sale. He also asked the Office for State Ethics to examine the role of Mr. Trump in the company of $ Trump.

On Monday, a spokesman for the White House did not answer a request for a comment on the competition or whether the tour of the White House would take place as planned. Last week, the Press spokesman for the White House said Karoline Leavitt, the president only deals with the interest of the American public and he has no conflict of interest.

Overall, the winners of the competition organized the coins of 182 million US dollars worth $ 182 million at the time of the competition. They had spent $ 191 million for buying these coins, which means that the winners had lost more money overall for purchases than they had won, After an analysis of public transaction data after the time.

This is in accordance with merchant data that show that most buyers of the coin have lost money since their first money in January -according to an analysis by Inca Digital, a crypto data company, a total of 3.9 billion dollars.

Regardless of whether dealers earn or lose money, the Trump family and their partners receive a transaction fee every time the coins have the owner, and, according to an estimate by Chainalysis, an industry data analyst, at least 320 million US dollars, has been offered for sale since Trump in January in January.

On Monday, the organizers of the competition seemed to be trying to stop the sale, which was probably aware that even more guests could throw their coins after the competition ended.

In a post on X, the official account, which promoted the Memecoin, said that anyone who held up to their $ Trump supply between now and the dinner would be rewarded with a non -custody token “Trump Diamond Hand” -a kind of digital collector that is known as NFT.

The account also announced that the owners of the coin would soon earn “reward points” without explaining how points are distributed or what they would be used for. On Monday evening the price for the $ Trump coin had increased again.