Trump Hosts Private Dinner for Top 220 Trump Coin Holders at DC Golf Club

President Donald Trump is hosting an exclusive dinner at his Trump National Golf Club for the top 220 holders of his $TRUMP meme coin, a cryptocurrency launched during his second term that quickly reached a multibillion-dollar market cap before experiencing volatility. The event, scheduled for May 22, aims to reward large investors, with the top 25 holders receiving additional perks like a private White House tour. However, the dinner has sparked controversy due to concerns over foreign investors dominating the top holders, raising constitutional questions about foreign access to a sitting president. Among the largest holders is Chinese-born crypto mogul Justin Sun, who confirmed his attendance and holds a significant stake in the coin. Critics and experts highlight that meme coins like $TRUMP are highly speculative and risky, often lacking intrinsic value, and some view the event as a pay-for-access scheme that has generated substantial trading fees benefiting Trump and his family. Despite protests and ethical questions, the dinner underscores the complex intersection of politics, cryptocurrency, and investor enthusiasm surrounding the $TRUMP token.