Crypto’s on fire! $TRUMP Meme coin’s May 22 dinner with Trump for its top 220 holders has sent prices soaring 70%, now at $12.37. But Connecticut’s Democratic Senator Chris Murphy is sounding the alarm, blasting $TRUMP as “the most blatant corrupt presidential act in history” and a “backdoor bribery scam”! Is this a VIP gala or a shameless pump-and-dump? Here’s the truth, unpacked!
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Dinner Drama: Gala or Grift?
Event Breakdown：May 22, Trump hosts 220 top $TRUMP holders (ranked April 23-May 12) at his golf club; top 25 get VIP reception and White House tour. If Trump skips, limited NFTs are the consolation prize, sparking NFT buzz!
Murphy’s Accusations：Murphy calls $TRUMP a “bribery scheme” on X, claiming it lets CEOs and oligarchs anonymously funnel money to Trump. On March 6, he listed 20+ Trump corruption acts in the Senate, with $TRUMP topping the list as a “billionaire takeover” tool!
Justin Sun’s Move：An HTX wallet with $14.6M in $TRUMP (1.18M tokens) registered, rumored to be Justin Sun! X’s @Meta8Mate
hypes “Sun’s outplaying Trump,” but @cryptoxiaoxiang
warns “Trump’s family holds 80%—Sun’s just a pawn.”
Market Moves：$TRUMP peaked at $72.62 (Jan 19, $14.58B market cap), now 1/6th of its high. April 18 unlocked $300M (20% of supply); July’s next wave looms.
The Breakdown: Corruption or Hype?
Murphy’s Case：$TRUMP’s anonymity and 80% control by Trump-linked firms (CIC Digital LLC) make it a bribery risk. Murphy claims “anyone can secretly pay the president,” though no evidence exists. X’s @Kaiaa_W
counters: “Blockchain’s transparent—where’s the secrecy?”
Sun’s Strategy：If Sun’s behind the $14.6M wallet (ranked 12th), he’s likely eyeing a pump, like his 2019 Buffett lunch stunt that spiked Tron. X’s @alvinnn666
predicts “Sun’s X livestream plan,” but @MINGJUNBJ
warns “SEC’s silence enables family dumps.”
Short-Term Play：At $12.37, $TRUMP’s FOMO is hot—trade small, target $14-15, stop-loss at $11, watch May 12 deadline. Sun’s hype could spark a 10-20% jump.
Long-Term Risks：Unlocks, “no-show” clauses, and family control raise red flags. X’s @wukong2021
warns “family pumps, retail dumps.” Buy below $10 for 2025 Solana gains, cap at 10%.
NFT Factor：Canceled dinner could yield rare NFTs, but 2021’s NFT mania is gone—beware “consolation prize” traps.
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