Another Trump memecoin dinner advertised for token's top investors
The company managing the memecoin calls the November event the "most exclusive dinner in the world."
US President Donald Trump is set to host a third exclusive memecoin event on November 22 at his Washington, DC golf club, according to a report by GetTrumpMemes. The event will feature the top 185 memecoin holders, based on their scores between September 30 and November 12.
The memecoin in question is Official Trump (TRUMP), which Trump launched shortly before his January 2025 inauguration. Its value surged to $70 before dropping below $20, and as of publication, it was trading at $2.06. Trump himself reported $1.4 billion in crypto-related earnings, including his memecoin, in his 2025 disclosures.
The announcement of the third memecoin event comes shortly after a report revealed that investors in Trump's crypto ventures had lost a combined $4.7 billion since 2022. Public Citizen, a nonprofit consumer advocacy organization, estimated $3.2 billion of that loss was due to the memecoin.
Critics argue that the event is unethical and a form of "pay-to-play" access to the presidency, as it encourages investment in Trump's memecoin for the chance to attend. Senator Chris Coons called the event "corruption," emphasizing that Trump, his family, and his Cabinet are profiting from the crypto industry while burdening everyday Americans with losses.
The Senate's Digital Asset Market Clarity (CLARITY) Act, which aimed to establish guidelines for crypto oversight and enforcement, failed to pass in the previous session. With Democrats poised to take control of the House and Senate, the bill's future remains uncertain.
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- Trump to host 3rd ‘exclusive’ memecoin event amid corruption claims cointelegraph.com
