The $TRUMP meme coin, launched shortly before Trump’s second inauguration, has become a focal point of controversy. Currently trading at approximately $14 per coin, the token’s value has fluctuated amid market volatility. Notably, the top 220 holders of the coin, collectively owning assets worth $160 million, have been invited to an exclusive dinner with President Trump on May 22. The top 25 holders will receive additional VIP perks. This initiative has raised ethical concerns, with critics likening it to a “pay-for-access” scheme, potentially violating the Emoluments Clause of the U.S. Constitution.
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