#DinnerWithTrump The TRUMP meme coin has surged over 60% after President Trump invited the top 220 holders to a gala dinner at his golf club. The event, scheduled for May 22, will also feature a VIP reception and White House tour for the top 25 holders. This exclusive invitation has sparked a buying frenzy, driving up the coin's value.
Details of the Event
- *Gala Dinner*: Top 220 holders will attend a dinner at Trump's National Golf Club near Washington.
- *VIP Reception*: Top 25 holders will receive an ultra-exclusive private VIP reception with President Trump.
- *White House Tour*: The top 25 holders will also get a special tour of the White House.
Controversy Surrounding the Event
- *Ethics Concerns*: Critics argue that the token could be used to bribe Trump, with his family owning 80% of the token's supply, worth an estimated $11 billion.
- *Conflict of Interest*: Some experts, like Tony Carrk, executive director of (link unavailable), see this as a clear case of a president using their office for personal gain ¹ ².
Market Impact
- *Price Surge*: The TRUMP meme coin's value has increased significantly, with a current stake worth almost $400,000.
- *Generated Fees*: The coin has generated at least $350 million in fees for entities connected to Trump.
- *Token Unlock Delay*: A planned token unlock was delayed for 90 days, potentially contributing to the price surge ³ ⁴.