$TRUMP
Special Dinner with Trump: President Trump hosted a lavish dinner for the top 220 holders of the $TRUMP coin, where investors spent around $148 million to secure invitations. However, reports indicate that approximately 43% of these investors incurred total losses estimated at $8.95 million since the launch of the coin.
Post-Event Selling: After the dinner, many of the invitees began selling their coins, increasing the selling pressure on the market.
Regulatory Controversy: Some lawmakers expressed concerns about the coin's impact 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.
