Trump Coin ticket reselling reaches $8,000 — a new business born from cryptocurrency point games

I was surprised to hear that attending a party at Mar-a-Lago last month only cost $8,000. This isn’t a scalper’s story; it’s a real business that took place in the world of cryptocurrencies.

In January 2026, Mr. Trump issued a meme coin bearing his name. Later, he announced an event inviting top holders. The April event had 297 slots available. Up to this point, it was just an investor event. However, a quantitative fund’s expert noticed something behind this setup.

A fund manager named Bigsong runs a crypto asset fund called Saucerful Labs. His first move was to short Trump Coins. The price rose 50%, then fell back. He profited and moved to the next step. His strategy was to borrow some of his Trump tokens from a lending platform and hedge the rest. This way, he avoided price fluctuation risks and only paid interest. Additionally, he used AI to monitor ranking systems and track competitors’ movements. He responded quickly to rule changes.

As a result, Bigsong’s team secured 40 of the 297 slots. The resale price was set at $8,000.

But ticket sales weren’t just a simple commercial transaction. A “super agent” named Sherry appeared. She worked in New York and leveraged her social media influence to sell six tickets. More importantly, she voluntarily organized a community of 90 Chinese participants.

On the night before the event, many participants hadn’t received QR codes. Normally, this would be handled individually, but multiple people contacted the organizers simultaneously through Sherry’s group chat. This sped up staff responses. On the event day, real-time information was shared within the group—famous people’s locations, photo spots, networking opportunities—all shared openly.

At the main event, notable figures like Kathy Wood, Mike Tyson, and Tony Robbins appeared. Mr. Trump gave a 45-minute speech but never mentioned his meme coin. What participants actually wanted wasn’t the coin itself but social status and networks.

“This coin itself has no value. What matters are the underlying resources, social connections, and networks,” Sherry said. Participants shook hands with the president, interacted with big names in finance, and shared it on WeChat. Such opportunities likely didn’t exist for older immigrants.

However, looking at the overall business, a more complex structure emerges.

A few hours after the event, Trump Coin’s price dropped 14% to $2.45. As of mid-May, the downward trend continues. Forbes estimates that transactions related to Trump’s organizations generated about $400 million in revenue.

The median holdings of top-ranked points holders fell from $3.28 million last year to just $539,000 this year—an 84% decrease. Many participants sold their holdings after the points earning period ended.

In other words, buyers are becoming smarter. They’re not investing in the coin; they’re buying tickets to the game.

Looking at Bigsong’s business model, it uses quantitative trading methods to incorporate traditional scalper distribution channels and has turned “meeting the U.S. president” into a standardized product. Previously, meeting a president required political influence, charity dinners, or lobbying. Or simply attending a rally where the president speaks from a distant stage. But now, through on-chain point games, it’s sold as a tangible product.

Trump’s business partners are reportedly persuading him to hold events every six months. Bigsong is also considering selling “guaranteed pass packages” next year. As demand and supply grow simultaneously, a complete industry chain—from production to sales, after-sales service, and repeat purchases—is taking shape.

All of this orchestrated by Bigsong has reportedly tripled his assets over the past year.