Trump Meme Coin Insiders: What It Teaches XRP Holders About Supply

The company behind [music] President Trump's meme coin is offering investors another shot at an exclusive dinner. Thursday, the Get Trump memes [music] website announced an exclusive event with the president in late November. The invitation will go out to the top 185 holders of his coin. The top 29 get a VIP reception, [music] and the top four buyers receive an 18-karat Trump-branded gold watch.

That was the KGW, the NBC station in Portland on the 1st of October 2026. Now, on the 19th of October, a couple of days ago, the coin's official account posted that top four people on its dinner leaderboard will each get an 18-karat gold Trump watch. The dinner itself is on the 22nd November at the Trump National Club. So, XRP holders, here's the uncomfortable part. Trump's meme coin hands gold watches to its top holders, and here's who lost, a great many ordinary buyers.

Now, on the 14th October, the Wall Street veteran and former Obama administration adviser Steven Rattner put it bluntly, right? He's wrote, "The millions of people had lost about $4 billion on the coin, while Trump had a couple of dozen insiders made almost $2 billion." So, if you own XRP, this isn't somebody else's problem, because the story shows who really wins when insiders get in first. Now, Trump's coin cost buyers billions, so ask this about your coin. Who got in before you, and when can they sell? There's also a link waiting at the very top of the description, and I'll tell you exactly what it's for before the 5-minute mark is for anyone who's ever bought a coin because of the name on it, and only later wondered who was selling it to them.

I'll stick to what's documented here, right? So, where something is a claim, I'll tell you whose claim it is, and you'll hear the White House side, too. One more number from the KGW report matters for us. It's how far the coin had fallen by the 1st of October, which they actually put it about 95%, and let's be honest, a lot of us have been on the wrong end of something like this. We buy because a name we recognize is attached, the price is flying, and everyone online seems certain.

So, nobody tells us who bought first, what they paid, or when they're allowed to sell. We only find out afterwards from a chart. The coin launched on the 17th of January 2025, that's 3 days before inauguration. Within 2 days, according to the Wall Street Journal, it reached a market value as high as $15 billion, but the number that matters most is who held the supply. Only a fifth of the coins were out in the market at the start.

Now, here's the Wall Street Journal on the rest.

Another major point of controversy, 80% of the Trump token supply is owned by Fight Fight Fight and CIC Digital, an affiliate of the Trump organization.

We don't quite know exactly what that ownership looks like, but theoretically, you know, people in and around the administration or the companies that Trump owns, I'm worried about how they might decide to monetize or sell those tokens in the future.

Fight Fight Fight is the company that runs the coin, and CIC Digital is an affiliate of the Trump Organization. The coin's website says that 80% would be released in stages over 3 years. Now, that coin has nothing to do with any political campaign or office. So, from the very first day, the people closest to the coin held most of it. An ordinary buyers traded the small slice that was out in the market.

Now, keep that picture in your head because we're going to hold the XRP up against exactly that same question. As always, this is not financial advice, but please do your own research.

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Now, before we get to who won and who lost, a quick word about that link down below, right? Am I telling you to buy XRP in this video? Absolutely not, because I don't know your situation, but whatever you hold, you should know who got in before you. And you should also know roughly what they paid and when they can sell. Most of us never check, right?

And that's one of the things our Altcoin Pro course walks you through. Reading a coin's supply, seeing where the big holders sit, and setting your own plan for when you'd buy and when you take some money off the table. Get started is simple. Click the first link in the description, fill in the short form, and then book your free 15-minute call. And one of the team, honestly, will talk through your own strategy with your own situation with you.

Now, if you're watching this on your phone, just tap more under the video, and it's the first thing you're going to see. Book it, guys, before the next famous name launches a coin and your feed fills up with it. Then come straight back, because next, we're going to be following the money on both sides. Let's start with the buyers. So, in early July 2026, the blockchain data firm Nansen counted nearly a million wallets that were down on the coin.

Now, by about $3.8 billion in total that was. CoinDesk and The Block both report that data on the 4th of July. Steve Rattner's figures go further. He made this case on Morning Joe in a segment that first aired on the 31st April 2026. And his channel posted it again on the 14th of October.

So,

there were there have been found to be 45 what I call whale wallets, huge buyers of this stuff early on in in the process. Then as crypto went up, these whales, and it could include Trump, but we don't even know who it includes. It could include a lot of foreigners, people who were tipped off. They made $1.2 billion. Uh Trump we know made about $600 million in trading fees and so forth on this.

But who lost? Who lost were 2 million innocent Americans who bought this thing because they thought Trump was great or whatever. They lost $4.3 billion.

Two things, right, to be fair. His count of buyers is bigger than Nansen's. And he's saying himself that nobody knows who's behind those big wallets. So, treat the whale figure as an estimate, not a proven list of names. On the other side of the ledger, it's the president's own paperwork.

His annual financial disclosure made public at the end of June 2026 showed about $1.4 billion of crypto income for 2025. And NBC News reported it was powered largely by meme coin. Now, when reporters asked him about his fortune on the 1st of July 2026, here's exactly how he answered. Check this out.

But to critics who say to critics who say you're profiting off the presidency, Mr.

Well, you know why I'm profiting? Because the stock market's going up. Everybody's profiting. Have you ever you ever 401k? How's your 401k done?

It's been up 85%. Thank you, President Trump. So, we're all profiting. I'm profiting because I have a lot of money and a lot of cash and we I give it to institutions.

Earlier in that same answer, he said funds run his money and that never speaks to the people who manage it. Now, that's his position and you can weigh it for yourself. So, where do the dinners fit in? Well, the first one was in May 2025 at his golf club outside Washington for the top 220 holders. Now, according to KGW's report, analysts estimate those holders spent more than $140 million on the coins qualify.

On the day of that dinner, the White House press secretary, Caroline Levitt, was asked a very direct question. Check this out.

And just following up on the dinner tonight, you mentioned this is not a White House dinner, but the president is always the president. And the Trump family is making money off of this. So, can you just explain how is this not the president using the office to enrich himself?

All of the president's assets are in a blind trust, which is managed by his children. And I would argue one of the many reasons that the American people reelected this president back to this office is because he was a very successful businessman before giving it up to publicly serve our country.

That's the official answer. His assets sit in a trust managed by his children. Critics don't accept it. In July 2026, a former government ethics lawyer told NPR, Trump's crypto poses a clear conflict of interest. Now, according to Steve, there was a second dinner at Mar-a-Lago in the spring of 2026.

So, the one on the 22nd of November, that would be the third. And here's a detail that's easy to miss, right? Crypto news sites covering the contest, CoinGeek among them, described the leaderboard as time-weighted. Now, in plain English, that means more you hold and the longer you hold it, the higher you climb. So, think about how that lines up.

The contest rewards buyers for holding. Meanwhile, the big insider's share of the coin was set to launch to come free in stages over 3 years. Now, I'm not saying they had it be planned it that way. I'm saying the structure is worth seeing clearly. Because when one side of a market is rewarding for holding and the other side has coins unlocking on a calendar, you would want to know which side you're on.

Now, on the 20th of October, the same account announced a giveaway of a single dinner ticket, too. So, the leaderboard isn't the only way in. So, let's turn the same torch on XRP because it would be lazy to point it only at somebody else's coin, right? XRP is not a meme coin. It runs on a ledger that went live in 2012 and was built for payments.

But, the question of who got in first applies to just the same. When XRP ledger was set up in 2012, 100 billion XRP was created. And according to the SEC's 2020 complaint against Ripple, the founders gave 80 billion of them to the company that became Ripple and kept 20 billion for themselves. Now, that's a big insider share, and XRP holders have argued about it for years. The difference is what happened next.

In December 2017, Ripple locked 55 billion XRP into escrow on the ledger. Up to a billion can unlock each month, and whatever Ripple doesn't use goes back to escrow. Those escrow accounts sit on the public ledger, so anyone can watch them on a free explorer like XRP scan. So, you don't have to take anyone's word for it, right? And for about 8 years, until 2025, Ripple published quarterly reports on its XRP sales.

So, whatever you think of the company, that's more than many coins ever give you. So, here's where ordinary holders and the law meet. When the SEC sued Ripple, the judge drew a line between two kinds of buyer. On the 13th of July 2023, Judge Analisa Torres actually ruled that Ripple's direct sales to institutions, about 729 million dollars of them, were sales of investment contract. But Ripple sales through exchanges were not partly because those buyers had no idea who they were buying from.

Here's how it was explained on CNBC the next day.

The SEC's claim that the Ripple's sales directly to investors constituted uh the sale of securities. Um that was granted, so that summary judgment did pass. It looks like there was not a summary judgment passed on uh programmatic sales of Ripple, I'm sorry, of their XRP token owned by Ripple um through exchanges because that was not them selling directly from the company to the investor. It was intermediated by exchanges.

Think about what that ruling describes. The big buyers dealt with Ripple directly with contracts, and everybody on the exchange was trading blind. And to be honest, some of the XRP they bought came from Ripple itself and sold into the market. That's the same insider and outsider split we saw with the Trump coin, but in a very different product. Now, it doesn't make XRP a bad coin, and it doesn't make it a good one.

It just means for a question, it's fair for every coin you own. All right, so there's one more way this story reaches your wallet. And that is the rules for every coin you own are being written in Washington. And the man at the top of the system has crypto businesses of his own. On the 15th September 2026, the Clarity Act, we spoke about it so much, the bill meant to settle which regulator oversees which coins.

That fell short in a Senate vote, 49 to 50. And according to The Block, the fight over the ethics rule covering the president's crypto was at the center of it. Republicans blamed Democrats for blocking it, and Democrats said they wanted ethics rules covering the president. And the Ripple case itself ended up under the administration. One of a run of crypto cases the SEC stepped back in from 2025.

Now, Coinbase is among them, right? In March 2025, Ripple said the SEC was dropping its appeal, and the case was closed in August 2025. The 2023 ruling in Ripple's 125 million dollar penalty stood. And there's no evidence the president's own coins played any part in how it ended. Supporters say the president has made America far friendlier to crypto, and plenty of holders agree with them.

Critics say his family's deals blur the line between public office and private businesses. You can all leave a view and take the same lesson from it. Policy moves your coins can be shaped by people who have money on the line. So, don't hand your opinion over to a headline or a politician or a famous name. Read the rule, check the supply, and decide for yourself.

So, here's a simple test that I've made up that you can run on any coin. Imagine it had a leaderboard, like the one Trump coin uses for its dinner. At the top, you'd find the founders, right? The company and the very first buyers. Below them, the funds and the big wallets.

And somewhere way further down, there's me and you. Then ask yourself two things. Who's above me? When are they free to sell? And for XRP, you can answer a lot of that yourself from the escrow on the ledger from years of Ripple's own sales reports.

For a brand new coin with a famous name on it, you often can't even answer that. And if you can't answer it, that tells you something on its own. So, here's my question for you. If your biggest coin had a public leaderboard, roughly where do you think you'd be on it? And would knowing that change how you hold it?

Let me know in the comments, guys. And if you like the big name stories followed all the way back to your own wallet, subscribe. Crypto carries risk, and past results are no guarantee of future ones. Obviously, I told you at the beginning, this is always my opinion. It might not be the same as yours, but let me know otherwise.

As always, stay bullish. Oh.

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