$TRUMP #DinnerWithTrump ..

Invitation to holders of the official Trump coin for dinner with President Trump

Although the price of the TRUMP token has dropped to around $13.39 at the time of this news, the rise proves the fragility and volatility of meme-driven assets that are often propelled by celebrity endorsements rather than intrinsic value.

The dinner scheduled for May 22 emphasizes the increasing intersection between politics and decentralized finance as a new mechanism for fundraising.

Despite the excitement, critics have condemned the event as a blatant exploitation of the presidency for personal gain and urged regulators to scrutinize potential conflicts of interest.

Democratic lawmakers have already called for investigations into whether foreign actors could be unfairly influenced by participating in this high-profile gathering.

However, for investors, the rise has come as a relief as the token had been down for a long time, although for investors who entered late in the surge, the risk of sharp reversals looms as profit-taking becomes more likely.

Skeptics also warn that the lack of utility on the chain aside from the dining experience could leave buyers with speculative burdens when the hype dies down.👉