#DinnerWithTrump Donald Trump is hosting an exclusive dinner for the top 220 holders of his memecoin, $TRUMP, at his Trump National Golf Club in Washington, D.C. on May 22. This event has sparked controversy and raised questions about potential conflicts of interest, given Trump's dual role as a public figure and promoter of the cryptocurrency.

*Event Details:*

- *Date:* May 22

- *Location:* Trump National Golf Club in Washington, D.C.

- *Attendees:* Top 220 holders of $TRUMP memecoin who verify their holdings through a connected digital wallet

- *Requirements:* Participants must pass a personal background check, cannot come from a KYC watchlist country, and are prohibited from bringing guests

*Impact on $TRUMP Memecoin:*

- The announcement led to a 60% surge in the value of $TRUMP, rising from $9.18 to a high of $14.7

- The token's market cap peaked at $14 billion shortly after its launch and now trades at around $2.6 billion

*Concerns and Controversies:*

- Critics argue that the token could allow anonymous foreign entities to funnel money directly to a U.S. President

- Lawmakers have warned that the project lacks transparency and could violate campaign finance or ethics rules ¹