$TRUMP -Sponsored Crypto Contest Offers Exclusive Dinner with the President
A Gala for the Richest $TRUMP Holders
An exclusive dinner with President Donald Trump awaits the top 220 buyers of the $TRUMP cryptocurrency—a reward for those who invested the most in the meme coin. The event, set for May 22 at Trump National Golf Club in Virginia, also features a private VIP reception for the top 25 holders.
Crypto Access Meets Political Power
The $TRUMP, launched in January, soared to a $2 billion market cap amid relentless promotion. A majority of the token is held by Trump-affiliated entities. Critics argue the contest effectively created a bidding war for face time with the president, raising concerns about influence, ethics, and transparency.
The coin’s leaderboard reveals only usernames and wallet numbers, keeping actual identities hidden. Buyers used foreign crypto exchanges—some inaccessible to U.S. users—further fueling speculation about international involvement.
Ethics Concerns and Foreign Influence Fears
Ethics watchdogs and lawmakers have voiced alarm, warning that the coin could offer foreign players a discreet route to presidential access. A U.S. senator launched an inquiry, warning that the blockchain’s anonymity could mask backdoor contributions.
The coin’s site allows winners to send others in their place, adding to concerns about hidden beneficiaries. While the White House insists no laws are being broken, the political implications remain under scrutiny.
Market Volatility, Massive Losses
Since launch, $TRUMP's price has swung wildly—from a $75 peak to around $12. An estimated 750,000 buyers have lost money, while the biggest investors spent millions to climb the leaderboard.
“This is a high-security, high-status event with President Trump,” the website declares. “If you earned a seat at the table, it’s because you earned it.”
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