$TRUMP
Exclusive dinner with Trump: President Trump hosted a lavish dinner for the top 220 holders of the $TRUMP token, with investors spending around $148 million to obtain invitations. However, reports indicate that about 43% of these investors have incurred total losses estimated at $8.95 million since the launch of the token.
Post-event selling: After the dinner, many of the invitees began selling their tokens, increasing the selling pressure on the market.
Regulatory controversy: Some lawmakers expressed concerns about the impact of the token on politics, leading to the introduction of a bill known as the "Stop TRUMP in Crypto Act" to limit the president's involvement in digital assets.
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