#TRUMP晚宴 Trump's Cryptocurrency Dinner: A Capital Feast Intertwined with Controversy and Revelry

In April 2025, U.S. President Trump announced a private dinner for the first 220 investors holding his personal cryptocurrency 'Trump Coin' ($TRUMP), causing a violent market reaction. According to the event rules, the top 25 holders would receive VIP treatment and a chance to tour the White House, while the top 220 were invited to a dinner held on May 22 at the Trump Golf Club in Washington. Following the announcement, the price of $TRUMP soared nearly 60% in a single day, with its market value briefly surpassing $2.6 billion, but it was soon criticized due to controversies such as 'insiders holding 80% of the tokens' and 'mandatory private arbitration clauses.'

This dinner is seen as a typical case of Trump's team's 'financial maneuvering.' Analysts pointed out that by generating publicity through policy, unlocking tokens, and engaging in event marketing, they artificially created market fluctuations for profit. Although the White House defended that 'there is no conflict of interest,' Democratic lawmakers harshly criticized the move as 'the president's most blatant act of corruption,' and ethical organizations warned that it blurred the lines between political power and personal interests. This dinner not only became a speculative frenzy in the cryptocurrency market but also reflected the deep-seated risks of the entanglement of American politics and capital.