Donald Trump Crypto Dinner Has Drawn the Attention of Worldwide Crypto Investors

Donald Trump crypto dinner has gained the attention of worldwide crypto investors, as this is a once-in-a-lifetime opportunity

Former US president Donald Trump's crypto dinner has certainly caught the attention of worldwide crypto investors. This is a once-in-a-lifetime opportunity to meet the 47th president, especially for the top 220 TRUMP meme coin (TRUMP) holders.

The billionaire launched the meme coin at the beginning of his second presidency and is also involved in various crypto ventures, NFT collection, and more, making him the first US president affiliated with crypto. As he focuses on the industry's development and regulations, the expectations are higher from today's Trump Gala dinner. Let's discuss the key details.

Donald Trump Crypto Dinner Date, Time & Other Details

Back in April, Donald Trump promised a crypto dinner for the top TRUMP meme coin holders. Now, the event is all set to take place today, May 22, at Trump National Golf Club in Potomac Falls, Virginia.

The event will host 220 top token holders who will be putting their best foot forward as they go through a full background check before the event begins at 5:30 p.m. The Trump Gala dinner will start at 7:00 p.m. and end at 10:00 p.m.

The identity of these holders is yet to be disclosed, but their wallet addresses are available. These guests will meet the US president, and the top 25 will tour the White House.

Some call it a win situation and a reward for the holder, while others call it a "pay-for-access" scheme. Chainalysis reveals that the Trump team earned $900k in fees within two days of the dinner contest announcement.

However, Donald Trump has declared that there is no conflict of interest as his family, not he, handles all these crypto projects.

"Trump will host a private dinner tomorrow for the top buyers of his memecoin, which has made him the world’s newest crypto billionaire.The top 25 coin buyers will get a 'VIP White House tour.'Call it what it is: corruption," a post on X reads.

Justin Sun and Top 220 Holders To Join Donald Trump Crypto Dinner

The biggest name among the Donald Trump crypto dinner attendees is Justin Sun, the founder of Tron. He has openly revealed that he is the top holder with $75M holdings.

"As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry."

The next in line is alleged to be MemeCore, a Singaporean crypto company, followed by Kain Warwick, an Australian crypto investor, and hundreds of others. Interestingly, many of these attendees are non-American.

The Bloomberg reports reveal that 19 out of the top 25 holders interacted with Binance, which is not working in the US. Nansen analysis points out that these top 220 Trump Gala dinner invitees have spent nearly $394M, with an average spend of $1,788,994.42.

Protest, TRUMP Price Rally, and Regulation Discussion are Expected with Trump Gala Dinner

Many critics and government professionals have objected to this Trump Gala dinner event. A protest is likely in action, but Eric Trump dismissed these claims, calling most of these people paid to protest.

More importantly, significant discussion could be made on crypto regulation and the development of the industry. Interestingly, this is not Trump's first crypto event, as he has already hosted one with various crypto industry leaders. A similar discussion could take place this time as well.

Additionally, the meme coin price could rally. The token was launched in January and soared to a $15 billion market cap almost immediately. Although the token crashed massively days after, it regained a massive bounce with the Donald Trump crypto dinner news. The Trump coin is trading at $14.35 with $2.87B in market cap, but investors foresee better.

Many experts' Trump coin price predictions suggest a further rally to $25 or higher. The bull dominance is building in the crypto market, and TRUMP could benefit amid this key Trump Gala Dinner.

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