Another Trump memecoin dinner advertised for token's top investors

Organizers of the memecoin tied to President Donald Trump are advertising a November “gala dinner” at his Trump National club in the Washington, D.C., area that will admit the 185 largest registered $TRUMP holders. The site managing $TRUMP events says VIP status will be determined by investor engagement and locked on Nov. 12; the dinner itself is scheduled for Nov. 22. The promotional material bills the occasion as the “most exclusive dinner in the world” and promises that three additional “legends” will join Trump, although those guests have not been disclosed. The club explicitly states that no attendee will receive a private meet-and-greet with the president; some past participants said they were disappointed after earlier events when Trump only made brief appearances. The announcement produced a short-lived market response: $TRUMP rose roughly 10% to about $2.25 before retreating to prior levels. The coin remains far below its all-time high near $74. Since the token launched shortly before Trump resumed office, investors in the memecoin have endured aggregate losses in the billions, a point lawmakers referenced during negotiations over the Digital Asset Market Clarity Act in the Senate. Those negotiations included Democratic calls to restrict senior officials’ ties to digital assets; lawmakers sought provisions that would limit such connections, including proposals that Trump place crypto holdings in a blind trust or divest them. Those measures were not resolved and the bill failed to advance last month. Earlier $TRUMP events have drawn public protests and criticism from Democrats, who described the gatherings as creating improper access for wealthy investors. Promotional materials for the upcoming dinner note VIP gifts such as a commemorative poster and a “TRUMP fragrance,” and the event’s public registration shows top-registered investors holding hundreds of thousands of coins.