$TRUMP

Donald Trump has generated controversy by announcing an exclusive gala dinner for the top investors of his memecoin, $TRUMP. This event, scheduled for May 22, has led to a significant increase in the value of the cryptocurrency, but it has also sparked criticism and calls for impeachment.

The invitation to this exclusive dinner has been seen by some as an attempt by Trump to capitalize on his political and financial influence, offering exclusive access to his circle in exchange for investments in his memecoin. Democratic senators have expressed their concerns, arguing that this practice could cross ethical and legal lines.

At the end of April, Massachusetts Senator Elizabeth Warren urged government officials to address questions related to Trump's memecoin and his media company. Controversies grew after Trump announced a dinner and a tour of the White House for some holders of his memecoin TRUMP.

A call for impeachment over a memecoin

Also at the end of April, Senator Jon Ossoff expressed support for impeachment against Trump during a public forum on April 25, citing the president's plan to organize the dinner for the top holders of the memecoin TRUMP. He said:

"When the sitting president of the US is selling access in exchange for what are effectively direct payments to himself, there is no doubt that this constitutes an offense that justifies impeachment."

Moreover, the event has sparked a debate about the nature of memecoins and their relationship with public figures. Some critics argue that these cryptocurrencies are inherently speculative and risky, and that promotion by political figures like Trump could mislead investors.