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Crypto Whale Loses $2.8M on TRUMP Token Bet for Trump Dinner Access

Crypto Whale Loses $2.8M on TRUMP Token Bet for Trump Dinner Access

Published:
2025-05-08 08:36:28
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[TRADE_PLUGIN]TRUMPUSDT,TRUMPUSDT[/TRADE_PLUGIN]
TRUMP News -

A crypto trader lost $2.8 million just hours after buying 1.39 million TRUMP tokens in an attempt to secure a spot at an exclusive dinner with former President Donald Trump. The event, scheduled for May 2025, requires holders to maintain a top-220 position in the token’s leaderboard. The trader’s $17.8 million position quickly collapsed due to extreme market volatility.

The TRUMP token spiked 70% following the dinner announcement as speculators rushed to climb the rankings. This incident highlights the risks of event-driven crypto speculation, where tokens linked to celebrity perks can experience wild price swings based on short-term demand surges.

|Square

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