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President Donald Trump is organizing a dinner on Thursday for the best investors in his memes play, launching the event at the National Golf Club Trump outside of Washington, DC, for a mainly anonymous group of participants who collectively threw hundreds of millions of dollars in the controversial cryptocurrency of the president.
US President Donald Trump left the White House on May 22, 2025 in Washington, DC. Trump is … More
Key facts
Dinner revolves around the president’s $ Trump token, which exchanged up to $ 74.34 when it was launched in January and fell to $ 14.44 on Thursday.
The 220 main token investors were invited to dinner, the 25 best holders invited to a reception before dinner and a visit, according to the $ Trump website, although it did not specify what would be turned.
A demonstration has trained in front of the golf club denouncing dinner, the protest organizers calling it “Corruption embodied.“”
The tables included “combat combat combat” panels, while the gift bags included hats and black plates also highlighting the sentence, according to BloombergQuoting photos of the event.
The dinner menu included the salad, the cutest fillet, the pan -fried stubble and the hot lava cake, according to a photo Published by an apparent guest.
Trump plans to be in his club for dinner until 8:30 p.m. Hae Thursday, according to a calendar published by the White House, which noted that the event was not open to the press.
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Large number
$ 394 million. It is how much money the 220 guests spent on the president’s meth piece, according to NBC Newswhich quoted the Nansen blockchain analysis company. The average participant spent $ 1.78 million for cryptocurrency.
Who is at Trump’s same money dinner?
We do not know much about the list of anonymous guests of the event, which can be seen through a investor classificationBut some participants publicly shared their selection for dinner. Crypto justin Sun billionaire investor, who has an estimated net value at $ 8.5 billion, said in a job On X that he was the highest holder of $ Trump. Sun previously invested $ 75 million in Trump’s cryptocurrency, World Liberty Financial. Nick Pinto, a 25 -year -old market director of his family law firm, said CNBC He spent $ 500,000 on the room even Trump to get a place at dinner.
How did $ Trump have worked since the launch?
Not well. The cryptocurrency turned out to be volatile, launching $ 6.29 in January, switching to the $ 74 brand a day later and falling to a hollow of $ 7.57 in April, before going up after the dinner announcement on April 23. The play exchanged $ 14.38 at 6 p.m. to 6 p.m., which allowed April 23.
What did the legislators said about Trump’s memes play?
The Democrats castigated Trump for the cryptocurrency and denounced dinner, with Senator Richard Blumenthal, D-Conn., Assimining the event to “put a sign” for sale “in the White House” and saying that it “sells auction” to the President. Blumenthal launched a trial against the president on foreign gifts or payments he suggested could potentially be given by the event. Some Republicans have also expressed their concerns, including senator Cynthia Lummis, R-Wyo., Said at the beginning of this month, dinner “gives him a break, adding that although the memes are legal,” what we must do is have a regulatory framework that makes it clearer, so we do not have this Wild West scenario. “”
Key
Formerly critical of Crypto, Trump campaigned as a cryptocurrency defender last year and has since decided to facilitate restrictions. He signed a decree in March by creating a national Bitcoin reserve and launched his own cryptocurrency business in World Liberty Financial, that the Trump family has a 60% In. Throughout his crypto efforts, criticism accused Trump of having used his role as president to stimulate his family businesses, who now include World Liberty, his own piece of memes and another coin for First Lady Melania Trump. World Liberty launched its own stablecoin yesterday on Kucoin, an exchange of crypto which was sentenced to a fine of $ 300 million for money laundering and prohibited in the United States
Upon reading
Trump’s new partner for Crypto Venture is Kucoin – an exchange prohibited in the United States, sentenced to a fine of $ 300 million for money laundering (Forbes)
How Trump’s Bitcoin policies make the United States a cryptographic superpower (Forbes)
