#DinnerWithTrump

The dinner hosted by Donald Trump for the 220 largest holders of his $TRUMP token on May 22, 2025, sparked discussions about potential market manipulation. The offer of an exclusive event at the Trump National Golf Club, including a private dinner and a VIP reception for the top 25 buyers, resulted in an increase of over 60% in the token's value in just one hour after the announcement.

Entities linked to Trump, such as CIC Digital LLC and Fight Fight Fight LLC, control 80% of the token's supply and benefited from trading fees, accumulating US$ 1.6 million in a single day. Although these entities cannot sell their tokens immediately due to restrictions, the appreciation driven by the promotion raised concerns about the use of political events for financial purposes.

WIRED

Critics argue that the strategy can be seen as a form of market manipulation, using political prestige to influence the value of a digital asset. Furthermore, the lack of transparency regarding the identity of the main token holders fuels speculation about potential conflicts of interest and favoritism.

In summary, the event highlights the need for stricter regulations in the cryptocurrency market to prevent practices that could undermine investor confidence and market integrity.