Trump token dinner full guest list confirmed after weeks of speculation, sparking criticism from observers.
The Donald Trump meme coin dinner guest list, which was eagerly anticipated, has been finalized. The identities of attendees are causing a wave of concern, even though the top 220 holders of the TRUMP meme coin will dine with US President Donald Trump on May 22.
The Donald Trump meme coin dinner guest list has caused quite a stir
The race to accumulate the Trump meme coin concluded on May 12, with the top 220 holders earning a place in US President Donald Trump’s crypto-themed dinner. The top 220 proprietors of the Trump memecoin will be invited to a Gala Dinner in Washington on May 22, as indicated on the official website.
“Congratulations, if you’re in the top 220 on the leaderboard. We will be contacting you in the next 24 hours,” read the announcement.
The leaderboard did not explicitly disclose the identities of attendees, as the digital wallets are anonymous. Nevertheless, a few hints glimpse the guests’ identities at the Trump meme coin dinner.
An account associated with Tron founder Justin Sun is the top-ranked account on the leaderboard, with a holding of 1,432,003.302 TRUMP, as indicated by a cursory examination of the leaderboard. Justin Sun’s attendance at the dinner has been the subject of speculation since late April; however, recent information has verified his attendance.
MemeCore, a Singapore-based cryptocurrency firm, is associated with the second-largest holder. The corporation’s X account confirms its second-place ranking on the leaderboard. According to pundits, the firm will dispatch a representative to the Trump meme coin dinner, where other anonymous attendees will join them.
Kain Warwick, a crypto investor based in Australia, was selected for the dinner, and the average cost of seats was $1.5M. Participants began liquidating their holdings in droves after the confirmations, which resulted in a decline in the value of Trump’s token.
The dinner is the subject of criticism due to the guest list
Excessive foreign participation has been the subject of widespread criticism following the disclosure of the final visitor list. Initially, Justin Sun, a Chinese national, is the highest-ranking of the top 25 proprietors of the Trump meme coin, with 18 non-US citizens. The nationality of attendees is easily discernible due to the extensive use of Binance by top token holders, an exchange restricting US users.
Trump will conduct a private VIP reception and a White House tour with the top 25 holders. Critics are slamming the potential of numerous foreign investors and entities to participate in an intimate gathering with the US president and a White House tour.
Nevertheless, ethics expert Norman Eisen characterizes the Trump meme coin luncheon as a significant conflict of interest for the White House. The Trump coin team’s decision to sell tokens on exchanges has prompted apprehension among others regarding the possibility of market manipulation.
