Trump offers a private dinner to his biggest memecoin buyers

3 days ago 6

President Donald Trump precocious announced that helium would big a backstage meal for the apical 220 biggest holders of $TRUMP, the meme coin helium launched days anterior to taking bureau - and respective U.S. Senators would similar to cognize precisely why he's doing this.

The meal was publically advertised connected the $TRUMP coin homepage this past Wednesday, and included a peculiar VIP bundle for the apical 25 holders: a backstage reception with Trump, and a VIP circuit of the White House the adjacent day. According to the site, the winners volition beryllium determined by however overmuch of the coin a contestant owns, arsenic good arsenic however agelong they clasp it betwixt April 23rd and May 12. "The much $TRUMP you clasp - and the longer you clasp it - the higher Your Ranking volition be," it said.

At its peak, a $TRUMP token went for $75.35 connected January 19th, the time earlier his inauguration. It has plummeted ever since, losing 88 percent of its value, and sat astatine $9.18 earlier the contention was announced. The promotion caused $TRUMP to leap by much than 50 percent, according to CBS, hitting a highest of $14.32 that day and bringing successful an other $100 cardinal successful value.

Democrat Senators were outraged, with Sen. Chris Murphy (D-CT) posting connected X that thi …

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