Trump Hosts Exclusive Dinner for $TRUMP Token Investors Amid Price Surge

President Donald Trump has announced a private dinner event for the top 220 holders of his $TRUMP memecoin, scheduled for May 22 at his Washington, D.C. golf club, with the top 25 investors receiving additional VIP perks. The announcement triggered a surge in the coin’s price—up to 60%—as investors rushed to qualify for an invitation. Trump and affiliated entities hold significant stakes in the token, directly benefiting from its price movements and trading commissions. Critics and ethics watchdogs have condemned the event as a blatant 'pay-to-play' scheme, raising concerns about market manipulation, insider dynamics, and attempts to circumvent campaign finance laws. The Trump family’s broader involvement in cryptocurrency, including their World Liberty Financial venture, has also drawn scrutiny for offering potential avenues to funnel money to the family amid efforts to deregulate the crypto sector. Legal experts warn that these activities may replicate political bundling strategies while evading traditional oversight.