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Trump Holds Memecoin Gala with Top Memecoin Investors

The black-tie event hosted at the Trump National Golf Club drew significant criticism and a number of irl protestors.
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May 23, 20251 min read

Trump’s $TRUMP memecoin gala saw massive investment from top holders, sparking backlash over pay-to-play allegations and transparency concerns.

What’s the Scoop?

  • Exclusive Event: Over 220 top investors in Trump’s meme coin, $TRUMP, attended a gala at Trump’s private golf club, with attendees on average holding just shy of $2M in $TRUMP.
  • Criticism and Concerns: The event faced backlash over potential pay-to-play allegations, with critics claiming Trump is leveraging crypto for personal gain.
  • Coin Performance: $TRUMP saw a pricing surge of over 55% after the gala announcement but it's initial die-down after an explosive launch has still left the majority of investors with substantial losses.

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