Buyers invested over $140 million in $TRUMP meme coins to gain access to an upcoming dinner with former President Trump, boosting the coin’s value by over 40% after the announcement. The top 220 holders, who spent between $53,500 and $16.4 million, will dine with Trump on May 22 at the Trump National Golf Club, raising concerns about the potential for financial gains linked to political access, especially since the coin is partly owned by a Trump Organization affiliate. Critics worry about the anonymity of the holders, while the dinner’s promotional nature has attracted scrutiny from watchdog groups and lawmakers.
