Donald Trump will host a gala dinner for top investors in his memecoin on November 22 at his private club near Washington, D.C. This exclusive event, described as the "most exclusive dinner in the world," aims to engage the top 185 investors of the $TRUMP token.
The identities of three additional "legends" who will join Trump at the dinner remain undisclosed. While Trump is confirmed to be in attendance, the event's promotional materials clarify that there will be no opportunities for a private meet and greet with the President, which has led to disappointment among some past attendees.
Following the announcement of the dinner, the price of the memecoin surged nearly 10% to $2.25 before stabilizing below its previous high of about $74. Investors have experienced significant losses in the billions since the token's launch, raising concerns among lawmakers regarding the ethics of commodifying access to political figures.
