Trump Hosts Exclusive Dinner for Top $TRUMP Memecoin Investors
Crypto Meets Politics
President Trump is inviting 220 top investors of the $TRUMP memecoin to an exclusive dinner at his golf club in Potomac Falls, Virginia. The top 25 investors will get even more — a private meeting with Trump and a White House tour.
A Highly Profitable Coin
The $TRUMP , launched just before his January inauguration, has already made Trump and his allies around $320 million in trading fees. Though the coin surged in value after the dinner was announced, many winners are now selling off their holdings.
Criticism and Concerns
Critics say the dinner raises ethical red flags. Some worry it allows wealthy investors — possibly even foreign actors — to gain access to the president. U.S. senators have called for an ethics review, warning that it gives the appearance of selling political influence for profit.
Crypto Support Grows Under Trump
Despite once being skeptical of digital assets, Trump is now actively supporting crypto. His administration has rolled out a “Strategic Bitcoin Reserve” and reduced regulatory hurdles. However, the backlash from this event is slowing efforts in Congress to pass new crypto laws.
The Trump Family’s Crypto Empire
Trump’s sons, Donald Jr. and Eric, are leading several crypto ventures. Through their firm World Liberty Financial, they’ve partnered with Middle Eastern investors to fund Binance with $2 billion. They’re also preparing to list American Bitcoin — a mining company — on the New York Stock Exchange.
As Eric Trump put it:
“The U.S. won the space race. We better win the crypto race.”
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