Trump’s $TRUMP Memecoin Gala Ignites Debate and Trading Frenzy
Donald Trump’s $TRUMP memecoin has evolved from a digital asset into an exclusive social currency, with 220 holders securing invitations to a high-profile Washington gala. The selection process triggered intense competition—$148 million in token transactions were executed as investors scrambled for seats at the Trump-hosted dinner.
Market dynamics turned cutthroat as the top 58 wallets each gained over $10 million in token appreciation. This winner-takes-all approach has attracted regulatory scrutiny, with Senate committees now investigating potential conflicts between political fundraising and crypto speculation.