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Cryptocurrency News Articles

Trump hosts exclusive dinner for top 220 TRUMP coin holders at Virginia golf club.

May 22, 2025 at 05:22 pm

Top 25 investors will receive a private White House tour with President Trump himself.

Trump hosts exclusive dinner for top 220 TRUMP coin holders at Virginia golf club.

The former president is hosting a private dinner at his National Golf Club in Virginia on May 22, inviting the top 220 holders of the TRUMP meme coin.

This event marks the meeting of the biggest investors in the coin launched by Donald Trump himself during his second presidency.

The dinner will commence at 7 p.m. and concludes at 9 p.m., marking a short but exclusive engagement with the president.

The next morning, at 11 a.m., the same guests are invited for a VIP tour of the White House, led by President Trump himself, beginning at 11 a.m.

However, the president's agenda includes discussions about the future of crypto regulations and industry growth.

The event comes amid reports that 19 of the top 25 TRUMP coin holders used Binance, a platform currently not operating legally in the U.S., while the majority used Huobi, a crypto exchange based in Singapore.

The 220 attendees at the dinner have collectively spent nearly $394 million on TRUMP coins, averaging about $1.79 million each.

Among the confirmed guests are Justin Sun, founder of Tron, and the mysterious co-founder of MemeCore, a crypto company from Singapore, both ranking among the top 10 holders.

Australian crypto investor Kain Warwick, founder of InterFi, is also expected to attend.

The event has sparked backlash, with some calling it “pay-for-access.” Trump's team reportedly earned about $900,000 in fees soon after announcing the contest for invitations.

Senator Chris Murphy expressed concern, saying the dinner is like a secret meeting where rich people, maybe even from other countries, will try to influence Trump.

Even critics like former official Robert Reich have openly called the event corrupt.

Meanwhile, TRUMP coin's price is expected to react to the host's presence at the dinner.

Since its launch in January, the TRUMP meme coin quickly hit a $15 billion market cap before experiencing a sharp drop.

However, news of the gala dinner helped boost the coin again, pushing its price to about $14.60, and it is up by 14% in the last 24 hours, with a market cap of $2.92 billion.

Many experts believe the coin could climb further, possibly reaching $25 or more, as bullish trends strengthen in the crypto market.

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Other articles published on May 23, 2025