<ul><li>Last month, Donald Trump announced a contest offering a private dinner with the President to the individual holding the highest amount of $TRUMP meme coin for a month. The dinner was held at the Trump National Golf Course in Virginia, with participants spending nearly $394 million on $TRUMP.</li><li>More than half of the winners, as per analysis, lost money on this initiative when assessing the wallets visible on the leaderboard on the contest site. However, the real earnings were made through different means.</li><li>One crypto trader managed to win the contest without incurring any losses by buying enough $TRUMP to secure a spot on the leaderboard and then purchasing $TRUMP perpetual futures on a separate exchange to profit in case the $TRUMP value dropped. This trader effectively executed a strategy similar to 'The Big Short' but with Donald Trump's meme coin.</li><li>The full story can be found on The Verge website.</li></ul>

How I shorted $TRUMP coin (and got to have dinner with the President)

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