Trump's Meme Coin Dinner for Top Buyers Amid 97% Loss
President Trump is hosting a dinner event for the top buyers of his meme coin, $TRUMP, which has lost 97% of its value since its peak in January 2025.
The event, which promises to be the 'most exclusive dinner in the world,' will feature three unnamed 'legends' and Trump himself, with the top 29 buyers receiving a VIP reception and the four largest purchasers receiving a Trump-branded gold watch.
The dinner is part of Trump's efforts to promote his crypto-related ventures, which have earned him over $1.4 billion since his return to office in January 2025.
However, the value of $TRUMP has plummeted, leaving investors with estimated combined losses of $4.7 billion.
Some young, male crypto fans who once supported Trump's pro-crypto stance have turned against him, calling the meme coin a 'cash grab' and a 'rug pull.'