The most prominent investors of the President’s memecoin joined the Trump crypto dinner last night. They were greeted with chants of shame by Democratic protesters when they arrived at the Trump National Golf Course. While the list of attendees was kept under wraps, experts say that investors spent more than $394 million to attend the exclusive Trump crypto dinner.
200 investors of the $TRUMP meme coin attended the private dinner at the luxury golf course in Virginia. There have been concerns about a conflict of interest, the regulations of the crypto industry, and murky access to the White House. The Trump crypto dinner was the most exclusive invitation in the world.
It is said that these private soirees with the top $TRUMP investors will continue, and the top 25 investors will soon be invited to a private tour of the White House, followed by dinner directly with the President. This level of access to the White House has been unheard of, wealthy investors will easily be able to shell out millions to gain access to the President. According to critics like Senator Blumenthal, Trump is auctioning off access.
The white house has not provided a list of attendees and has referred questions about the dinner to the Associated Press. However, it has been public news that the biggest name among the Donald Trump crypto dinner attendees is Justin Sun, the Chinese billionaire and crypto entrepreneur, who is also the founder of Tron. He has revealed that he is the top holder with $75M holdings. He has posted on X that he wishes to discuss the future of crypto with the President.
The next possible attendee is MemeCore, a Singaporean crypto company, followed by Kain Warwick, an Australian crypto investor. Interestingly, many of these attendees are non-American and appear to be US regulation dodgers. 19 of the top 25 holders have interacted with Binance, which does not operate in the US. On average, each of the 220 dinner invitees spent $1.78 million to attend this exclusive event.
The meme coin initiative is just one of many crypto ventures by President Trump. He has an NFT collection as well and is officially the first US President affiliated with Crypto. With his focus on crypto development and regulatory certainty, it is expected that the crypto market can only see positive news after the Trump crypto dinner.
Trump has clarified that there is no conflict of interest as the meme coin and other crypto projects are handled by his family. However, this dinner will create a significant discussion on crypto regulation and the development of the industry. Trump has hosted a crypto event with the crypto industry’s leaders previously as well.
It is expected that in the aftermath of the Trump crypto dinner, the $TRUMP memecoin price could surge. It is currently trading around $14.35 and has a $2.8 billion market cap. A short-term target of $25 is possible according to experts, especially with Bitcoin tailwinds supporting the crypto market.
The Trump crypto dinner wasn’t just a gathering—it was a calculated show of power, money, and influence. With nearly $400 million funneled in by just 200 investors, the event underscored how deeply intertwined politics and crypto have become.
As questions swirl around ethics and regulation, one thing is certain: Trump is setting a bold precedent by aligning so openly with crypto’s elite. Whether this reshapes the industry positively or sparks more scrutiny remains to be seen, but the impact is undeniable.
About the Author: Sarah Zimmerman is a seasoned crypto and Web3 news writer passionate about uncovering the latest developments in the digital asset space. With years of hands-on experience covering blockchain innovations, cryptocurrency trends, and decentralized technologies, she strives to deliver insightful and balanced news that empowers her readers. Her work is dedicated to demystifying complex topics and keeping you informed about the ever-evolving world of technology.