Trump Hosts Exclusive Dinner for Top $TRUMP Meme Coin Buyers Amid Controversy
President Donald Trump is hosting an exclusive dinner for the top buyers of his meme coin, $TRUMP, which has seen a significant dip in value. The event, scheduled for November 22, will feature 185 people who have spent at least $1 million on the coin. Trump has reportedly pocketed $635 million from the meme coin, while investors have lost a total of $4 billion.
Critics are accusing Trump of selling access to the White House and profiting from his office, calling the event 'the most brazenly corrupt sh*t I have ever seen in politics.' Pod Save America co-host Tommy Vietor made the comment on social media, while Young Turks' Cenk Uygur noted Trump's falling approval numbers, which have reached 69%.
Trump's meme coin has seen a significant decline in value, with over 700,000 people losing money after the plummet in July. The event's announcement includes an AI-generated illustration of Trump, which some have mocked for his slimmed-down image.