According to the cryptocurrency media outlet Decrypt, Bill Zanker, the operator of President Trump's official meme coin, has newly launched the 'Trump Coin Club' to prevent a massive exodus of funds by top holders.

As the first benefit of this club, the top 19 holders will be provided with luxury accommodation in New York, USA, and private suite tickets for the World Cup final. This appears to be a strategy to retain investors despite the price drop. In fact, the meme coin has plummeted more than 97% from its peak last year, and its current market capitalization is understood to be around $200 million.

The management plans to continue organizing quarterly global events to actively retain holders. However, attendees of this event must undergo strict identity checks by the U.S. Secret Service, and participants from sanctioned countries will have their eligibility restricted.