#DinnerWithTrump

Tonight, on **May 22, 2025**, President Donald Trump will host an exclusive dinner at his Virginia golf club for the top 220 holders of his meme coin, **$TRUMP**—a event sparking ethics debates, crypto frenzy, and geopolitical eyebrows. Here’s what you need to know:

### **1. The Pay-to-Play Controversy**

The dinner, marketed as the “most EXCLUSIVE INVITATION in the world,” rewards holders of $TRUMP based on their “time-weighted” crypto holdings. Critics argue it’s a blatant scheme for foreign interests and wealthy elites to buy access to the president, bypassing traditional campaign finance laws. Notably, **19 of the top 25 wallets** are linked to non-U.S. entities, including:

- **Justin Sun** (Tron founder, Hong Kong), who holds ~$18.6M in $TRUMP.

- **MemeCore**, a Singapore-based firm that invested $18M to secure a spot.

### **2. Crypto’s Rollercoaster**

The $TRUMP coin, launched in January 2025, peaked at **$74** before crashing to **$13**, leaving thousands of retail investors with losses totaling **$3.9 billion**. Meanwhile, early whales profited massively, with some making **$10M+** in gains.