$140 million worth of meme coins bought up for dinner party with President Trump


By

Gage Skidmore

It was revealed that within one month of the announcement in April 2025 that 'Buy $TRUMP, a meme coin issued by President Donald Trump, and attend a dinner party with the president,' $140 million worth of coins were traded.

$TRUMP meme coin buyers spent more than $140 million to get dinner invite with Trump, data shows - CBS News
https://www.cbsnews.com/news/trump-meme-coin-top-220-buyers-spent-140-million-analysis/

At Trump's crypto dinner: Tuxedos, luxury cars and a former NBA star
https://www.nbcnews.com/tech/crypto/trumps-meme-coin-dinner-tuxedos-luxury-suvs-protesters-rcna208647

The party, held on May 22, 2025, was hosted by a company called Fight Fight Fight LLC, named after the phrase 'Fight!' uttered during the assassination attempt in July 2024. According to the announcement, among those who held $TRUMP between April 23 and May 12, 2025, the top 220 people with the highest average holdings during the period will receive an invitation to a dinner to be held at President Trump's private golf club in Washington DC.

President Trump plans to have dinner with the top 220 holders of the meme coin '$TRUMP' on May 22, 2025, causing the price to soar - GIGAZINE



The dinner was widely reported as being attended by President Trump, and investors' buying interest was stimulated when holdings were posted on a real-time updated leaderboard, causing the value of $TRUMP to rise by more than 40% by May 12th.

According to data analytics firm Inca Digital, a total of $140 million worth of $TRUMP was purchased during the period alone, with purchase amounts reportedly ranging from a low of $53,500 to a high of $16.4 million.

The dinner party took place on May 22, 2025.

As mentioned above, high-value holders were listed on the leaderboard, but since only the three-letter username was displayed, it was not clear who had been invited. However, some influencers have publicly stated that they had received invitations.

The person with the largest amount of holdings was the famous investor Justin Sun. Those who knew him noticed immediately because the leaderboard displayed 'SUN.'




'I've just gone through security and am officially entering the Trump Gala,' former professional basketball player Lamar Odom wrote on social media.




It also appears that Japanese investors were invited.




According to reports, President Trump arrived at the venue by helicopter, gave a speech, and then left by helicopter without appearing in front of reporters. An attendee said, 'President Trump did not reveal any new cryptocurrency policies, but he supported the possibility of a Bitcoin reserve and described himself as a cryptocurrency advocate.'

According to CNBC, about 100 demonstrators gathered in front of the venue, chanting slogans and holding up placards such as 'Trump is a traitor,' 'Cryptocurrency is corrupt,' and 'America is not for sale.'



Ken Papaj, a former Treasury Department official who participated in the protest, said that when $TRUMP is traded, a fee is paid to a company affiliated with President Trump, and that 'what he's doing is outrageous, charging a fee every time he trades. He's trying to use the presidency to enrich himself and his family. It's wrong for this to be happening in our country.'

It has also been discovered that $TRUMP was traded through exchanges that do not serve US customers, which could potentially allow US funds to flow overseas.

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