Jakarta, Pintu News – The long-awaited dinner with US President Donald Trump and TRUMP meme coin holders finally revealed a guest list that surprised many.
The event scheduled for May 22 will be attended by 220 of TRUMP’s top holders, but the presence of some names on the list has sparked concerns.
Check out the full information below!
After the accumulation deadline on May 12, the race to collect TRUMP meme coins ended. The official TRUMP meme coin website announced that the top 220 holders will get an invitation to the Gala Dinner to be held in Washington.
A quick check of the leaderboard shows that an account affiliated with Tron founder Justin Sun tops the list with 1,432,003,302 TRUMP holdings. Speculation about Justin Sun’s attendance has been circulating since late April, and it is now confirmed that he will be attending.
The second largest holder appears to be affiliated with Singapore-based cryptocurrency firm MemeCore. The firm’s X account confirmed its position as number two on the leaderboard. Observers state that the firm will be sending representatives to the Trump meme coin dinner, along with other participants whose identities remain anonymous.
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The reveal of the final guest list has sparked widespread criticism regarding excessive foreign participation. To begin with, 18 of the top 25 holders of the TRUMP coin meme are non-US citizens, with China-born Justin Sun topping the list.
The extensive use of Binance by top token holders, an exchange that restricts US users, is a clear indication of the nationality of the participants.
Trump will meet with the top 25 holders in a private VIP reception and White House tour. Critics have highlighted the prospect of some foreign investors and entities having intimate meetings with the US President and White House tours as controversial.
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Norman Eisen, an ethicist, described the Trump meme coin dinner as a major conflict of interest for the White House. Another concern raised was the potential for market manipulation after the Trump meme coin team sold their tokens on exchanges in a big way.
The price of Trump’s token plummeted as participants began selling their holdings en masse, demonstrating the volatility and risks associated with investing in crypto assets. This criticism highlights the importance of transparency and regulation in activities involving interactions between state leaders and crypto markets, which remain relatively unregulated.
Donald Trump’s coin meme dinner is not only in the spotlight because of the uniqueness of the concept, but also because of the political and economic implications that may arise. The presence of global crypto luminaries and fast-changing market dynamics point to a new era of interaction between politics and financial technology.
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