$TRUMP meme coin assures top buyers ‘exclusive’ dinner with president
Key Points:
- The Trump organization, through Fight Fight Fight LLC, is hosting a crypto trading competition offering luxury prizes including a Trump fragrance, commemorative posters, an 18-karat gold watch, and an exclusive dinner with President Donald Trump.
- The dinner event, scheduled for November 22 at Trump National Golf Club, requires up to $1 million worth of $TRUMP coin investment for guaranteed invitations, with the top 185 investors receiving invites and the top 29 gaining VIP access.
- The $TRUMP meme coin, which has no intrinsic value and is tied to Trump’s image, has significantly declined from a peak of $70 in 2025 to around $2, causing substantial losses estimated at $4.7 billion for investors over the past year.
- Despite investor losses, Trump has profited substantially, earning $635 million from licensing agreements related to the coin, contributing to $1.4 billion in crypto-related revenue since his 2025 White House return.
- The competition and Trump’s crypto ventures have raised ethics concerns due to the large sums of money involved and the promotional use of his presidency to boost the coin’s value.