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Buyers of $TRUMP meme coin pay millions to win dinner with President Trump

  • President Donald Trump is hosting an exclusive dinner today at Trump National Golf Club for the top 220 holders of the TRUMP meme cryptocurrency.
  • The TRUMP meme coin launched in January 2025 amid controversy, with 80 percent of tokens controlled by Trump-affiliated entities and concerns about cash-for-access.
  • The coin, valued over $3 billion, has sharply declined from its $45 peak, with large investors profiting nearly $1.5 billion while hundreds of thousands of smaller holders suffered losses.
  • Experts warn that meme coins like TRUMP lack regulation and full risk disclosure, with some lawmakers investigating potential ethics violations and conflicts of interest involving Trump's crypto ventures.
  • The dinner and token project highlight ongoing concerns about crypto regulation, financial benefit to Trump's family, and accusations that wealthy actors may buy privileged access through the coin.
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WSAU broke the news in on Monday, May 12, 2025.
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