They came with empty wallets, and left with emptier dreams. Nearly two billion dollars washed up in the dry grass of a new memecoin pegged to the comet-tail of President Donald Trump. It wasn’t for the love of the man, not really. No, these folks wanted dinner. Not just any dinner, but a table—one out of exactly two hundred and twenty—at some gilded golf club in Virginia, a place so rich in green it hurt to look at. Opportunity, after all, is a dish best served with steak and campaign hats.
Investors Racing For Invitations
Blockchain doesn’t lie, but it sure does snicker. Of the top 220 holders, 34 went and did the old prairie dog routine—popped up, looked around, and bolted once they got word there would be no more hot seats. Turns out, owning TRUMP coin guaranteed a shot at filet mignon, not peace of mind. Sometimes, there’s not enough ketchup in the world for all the buyer’s remorse.
Sudden Sell-Off After Cutoff
The ground shook just after May 12—token prices tumbled quicker than a drunk at a barn dance, and then rallied because, well, this is crypto. The kind of volatility that would make a coyote think twice before chasing after this particular rabbit. Buy high for the privilege to eat high on the hog, then sell faster than your in-laws at the mention of politics. Sure, it’s risky, but nobody ever called memecoin folk risk-averse—or sensible, for that matter.
Ethics And Regulation Questions
If you want to watch a room get hot and sweaty, mention “president” and “memecoin” in the same breath. Democrats, crypto lobbyists, and ethics folk are all wringing their hands—claiming that the only thing dodgier than these coins is probably a three-card monte dealer at a county fair. Regulation? The SEC is out looking for their glasses while the whole circus skips town. Meanwhile, politicians look on, trying to decide if memecoin is a collectible or a loophole big enough to smuggle in a Russian oligarch.
Trading Fees Fuel Profits
The Trump camp and kinfolk are no strangers to the phrase, “take the money and run.” Since memecoin launch, they’ve tallied up more than $320 million in trading fees—enough to buy a golden escalator to nowhere. Just after the dinner invite went live, another million in fees fell from the sky. That’s the magic of a $1.7 billion token stampede: when everyone tries to grab a seat at the table, the house always gets dessert.
Somebody appears to have registered an HTX Cold Wallet for the Donald Trump dinner.
HTX holds $14.6M TRUMP in this wallet, making it the largest wallet registered for the dinner.
Address: 8NBEbxLknGv5aRYefFrW2qFXoDZyi9fSHJNiJRvEcMBE
— Arkham (@arkham) April 24, 2025
Who’s At The Top
Let’s talk winners—the leaderboard doesn’t stutter: “Sun” is King of the Hill; that wallet belongs to HTX, so offshore it might as well need a passport. Over half the top brass keep their money in distant lands, probably somewhere with fewer extradition treaties. Even “noah”—number 25—isn’t fooling anyone, even if his name does sound kind of biblical. Maybe he’s building an ark for when the market floods.
The First $TRUMP Competition is officially over! Details and what’s next for $TRUMP Below:
If you were in the top 220 on the leaderboard, check the email you signed up with for details on the Dinner with President Trump as soon as possible. There will be background checks that…
— TrumpMeme (@GetTrumpMemes) May 12, 2025
Corporate Moves And The Road Ahead
Out of the blue, Houston’s Freight Technologies piped up: they’re dropping $20 million into TRUMP tokens, but claim they don’t care about fancy dinners. The CFO shrugged and called it a “digital asset strategy,” which sounds about as thrilling as a tax seminar but apparently has something to do with US-Mexico trade. Out in the wilderness, the memecoin tribe is already working on collectibles and a rewards program, pitching more promos than a used car lot. This road is long. The road is weird. Pack snacks. 🍔🪙
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2025-05-14 23:17