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Cryptocurrency News Articles
This week's most important agenda item in the cryptocurrency market is expected to be the gala dinner that #US President #DonaldTrump will host
May 21, 2025 at 05:11 am
This week's most important agenda item in the cryptocurrency market is expected to be the gala dinner that #US President #DonaldTrump will host
President Trump will host a gala dinner on Thursday evening at a golf course in Virginia for the 220 people who invested the most in his meme coin. The first 25 people will be accepted to a special reception at the course, while the remaining guests will attend a dinner at a nearby resort.
Trump will personally greet the first 25 guests at the reception and mingle with them. The event will take place at the Trump National Golf Course in Sterling, Virginia, close to the capital Washington.
The guests are mostly from outside the US. It was determined that 19 of the first 25 wallets belonged to people who were not in the US. Tron founder Justin Sun is in first place.
Justin Sun will be there
Sun, who is known for his extravagant activities, recently shared a video of himself eating the “ice taped to the wall” artwork that he bought for a million dollars.
“As President Trump’s biggest supporter, I am honored to attend the gala invitation,” said Sun, who holds approximately $20 million worth of TRUMP in his hand.
Meanwhile, Sun’s personal visit to the US did not go unnoticed. Because there had been previous investigations launched against him by the US Securities and Exchange Commission (SEC). The videos he shared in front of the Hollywood sign and at the Worldcoin Orbs center in West Hollywood attracted the attention of his followers.
MemeCore is in second place. Singapore-based crypto company MemeCore made a purchase of approximately $18 million to attend this invitation.
Another name estimated to be in the top 25 is Kain Warwick, a tennis coach and guitarist in Boston. Warwick, who founded a crypto startup in his native Australia more than 10 years ago, earned millions in the process. Stating that he purchased a significant amount of TRUMP in January, Warwick says, “I never thought I would get this opportunity.”
Ogle, an anonymous cybersecurity expert, is among the names that will attend the invitation. Ogle, who founded several crypto companies and gained his fame largely by recovering millions of dollars from hackers who infiltrated cryptocurrency exchanges, has approximately $3.25 million in TRUMP coins.
Other names that have earned the right to attend the dinner by being in the top 25 are Smooth Operator, Booblino, GiantBabyCorn and 0xSolarcurve, who have kept their identities secret and use anonymous names. The identities of these people are expected to be revealed at the event on Thursday.
It seems that there will be no other name well-known to the crypto sector other than Justin Sun at the invitation.
This event organized by Trump has been the subject of the harshest criticism from Trump opponents in recent days.
Democrats argue that the Trump family’s growing crypto wealth could serve as a back door for foreign and corporate interests seeking access to the president. They also argue that “Trump’s deep ties to this meme coin and his use of the White House to boost the price of the meme coin he issued pose serious risks to national security and public trust.”
US Senator Richard Blumenthal called the activity “an unprecedented bribery scheme in which the highest bidder gained access to the presidency.” Several senators have introduced a bill to block elected officials and senior executive branch officials from issuing or supporting cryptocurrencies.
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