Trump Memecoin Holders Set to Dine With US President, Tron Founder Justin Solar Confirms Attendance 

Trump Memecoin Holders Set to Dine With US President, Tron Founder Justin Solar Confirms Attendance 

US President Donald Trump is about to host a particular dinner for the biggest holders of his $TRUMP memecoin on Might 22. President Trump is reportedly anticipated to dine with 220 holders of the “Official Trump” token on the Trump Nationwide Golf Membership in Potomac Falls, Virginia. On the heels of the upcoming occasion, the worth of the memecoin surged by over 11 % to commerce at $14.27 (roughly Rs. 1,222) on worldwide exchanges on Wednesday.

In the meantime, a gaggle of US senators and different people additionally plan to protest exterior the golf course, accusing the President of utilizing his political affect over the crypto market.

Here is What We Know Concerning the Occasion

Friends have acquired a proper invitation to the occasion through e-mail. The invite consists of particulars on the gown code in addition to timings for the occasion. All company will reportedly have to undergo a background test earlier than attending the gala

Earlier this month, a Bloomberg report had highlighted {that a} majority of the highest 25 $TRUMP token holders used overseas exchanges to buy the memecoin, indicating they had been primarily based exterior of the US.

Justin Solar, the proprietor of the Tron blockchain, is among the many VIP attendees of this gala dinner. At 1.4 million token holdings, Solar is listed as the biggest holder of the memecoin. Solar confirmed Tuesday that he had acquired an invitation to the occasion.

“I am excited to attach with everybody, speak crypto, and talk about the way forward for our business,” Solar mentioned in a publish on X.

Singapore-based crypto startup MemeCore is second on the Trump memecoin leaderboard and a consultant from the corporate is more likely to mark their presence, Fortune reported.

The 220 dinner company collectively maintain an estimated $147.5 million (roughly Rs. 1,261 crore) value of the $TRUMP token, that was launched on January 17.

Trump Memecoin Protest

Robert Weissman from the nonprofit group Public Citizen is claimed to be organising the protest exterior Trump’s dinner venue. Democratic senator Jeff Merkley can be reportedly planning to affix the protest.

President Trump’s son Eric Trump instructed the press that “most of those individuals are paid to protest”.

At current, the Official Trump token ranks thirty seventh on CoinMarketCap’s crypto index. Which means that the memecoin with the market cap of $2.86 billion (roughly Rs. 24,467 crore), is at present the thirty seventh largest altcoin out there.

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