🍽️ Details of the private dinner for holders of the $TRUMP currency
Date and location of the event: The dinner is scheduled to take place on May 22, 2025, at the Trump National Golf Club near Washington, D.C.
Invitation criteria: The top 220 holders of the $TRUMP currency will be invited based on their average holdings between April 23 and May 12. The top 25 among them will receive additional privileges including VIP reception and a special tour.
Eligibility criteria: Participants must pass a background check and ensure they are not on the list of banned countries according to Know Your Customer (KYC) procedures.
📈 The impact of advertising on the $TRUMP currency
The value of the $TRUMP currency rose by as much as 71% after the announcement, peaking at $16.17 before settling at $13.39.
The currency has seen increasing interest from investors, with many seeking to increase their holdings to qualify for the dinner.
⚖️ Controversy and criticism
Trump faced criticism for using his position to promote a cryptocurrency linked to him, and some observers considered this a conflict of interest.
This move posed challenges for American lawmakers trying to draft legislation to regulate cryptocurrencies.
🔍 Summary
Trump's organization of a private dinner for holders of his digital currency #TRUMP shows how political figures can use cryptocurrencies to engage with their audience, but it also raises ethical and regulatory questions.