$TRUMP Trump held a luxurious Memecoin dinner, and the two parties denounced it: hype or power-for-money transactions?

In 2025, according to the Crypto King’s official account, Donald Trump announced that he would hold a high-profile dinner for top supporters of his official token TRUMP on May 22, inviting the top 220 token holders to attend. This move immediately sparked cross-party controversy and even raised the topic of impeachment again.

Many regulators and political supervision organizations criticized Trump for trying to use political influence for personal gain. Accountable.US accused that this could allow wealthy and foreign investors to buy power with the help of cryptocurrencies, which is a clear violation of public ethics.

In the face of controversy, Trump said he did not profit from it, but hoped that the United States would be ahead of global rivals in the field of cryptocurrency. However, this event made the crypto market unstable. As of press time, the price of TRUMP tokens was $10.69, down 3.76% in 24 hours, consistent with the overall decline of the Memecoin sector.

Crypto market experts pointed out that Trump's Memecoin activities have caused polarized reactions: supporters see it as a market opportunity, while opponents question his motives. Democratic Senator Elizabeth Warren called on the US Securities and Exchange Commission to conduct strict scrutiny to prevent Trump from obtaining political or economic benefits through cryptocurrencies.

At present, the market is still unclear about the trend of TRUMP tokens, and it may continue to be affected by the activities in the short term. Investors need to remain vigilant. The US president is really awesome and is openly cutting leeks. The US debt can only rely on Trump!