A Trump-themed cryptocurrency contest offering dinner access with Donald Trump sparked major financial swings among traders, according to Benzinga. The $TRUMP token rose sharply from $9.26 to $15.33 during the contest period. After eligibility ended on May 12, many participants began selling off their holdings, despite organizers urging them to hold. By the time the dinner guest list was finalized, most of the 25 top-tier winners had already sold their TRUMP tokens. Of those, 22 joined after the contest began, and 16 fully liquidated their positions. A Financial Times analysis found that five new wallets may have profited, including one trader, "Woo," who potentially gained \$2.6 million by selling after the contest.
