#DinnerWithTrump President Donald Trump announced an exclusive dinner for the 220 largest holders of his cryptocurrency, $TRUMP, to be held on May 22 at the Trump National Golf Club in Washington, D.C. The top 25 investors will also have access to a VIP reception and a special tour.
Since the announcement, the value of $TRUMP has risen by more than 60%, reaching about $4,957,544,845,614.70, although it is still below the peak of $4,957,544,845,675.35 recorded in January.
To participate, interested parties must maintain the highest average of tokens between April 23 and May 12, in addition to meeting requirements such as background checks and country restrictions.
Critics, including Senator Chris Murphy, have expressed concerns about potential conflicts of interest, labeling the initiative as one of the most blatant attempts to sell access to the presidency.
Meanwhile, entities associated with Trump, such as CIC Digital LLC and Fight Fight Fight LLC, control 80% of the $TRUMP supply, benefiting from transaction fees, although they currently cannot sell their tokens due to restrictions.
The event highlights the growing intersection between politics and cryptocurrencies, raising questions about ethics and regulation in the crypto space.
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And you, what do you think about this initiative? Share your opinion in the comments!