The widely anticipated Donald Trump meme coin dinner guest list has been finalized. The top 220 holders of the TRUMP meme coin will dine with US President Donald Trump on May 22, but the identities of attendees are sparking a wave of concern.
Donald Trump Meme Coin Dinner Guest List Raises Eyebrows
After the cut-off date on May 12, the race to accumulate the Trump meme coin ended, with the top 220 holders earning a spot in US President Donald Trump’s crypto-themed dinner. According to the official website of the Trump memecoin, the top 220 holders will receive invites to a Gala Dinner on May 22 in Washington.
“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 expressly reveal the identities of attendees, given the anonymity of the digital wallets. However, a few clues offer insights into the identities of the guest list of the Trump meme coin dinner
A quick scan of the leaderboard reveals that an account affiliated with Tron founder Justin Sun tops the charts with a holding of 1,432,003.302 TRUMP. Speculation of Justin Sun attending the dinner has been swirling since late April, but fresh details confirm his attendance.
The second-largest holder appears to be affiliated with Singapore-based cryptocurrency firm MemeCore. The company’s X account confirms its position as number 2 on the leaderboard. Pundits say the firm will send a representative to the Trump meme coin dinner, joining other anonymous attendees.
Australia-based crypto investor Kain Warwick made the cut for the dinner, with participants spending an average of $1.5M for seats. Following the confirmations, Trump’s token price tumbled as participants began selling off their holdings in droves.
Criticisms Trail Dinner Over Guest List
The reveal of the final guest list has sparked widespread criticism over excessive foreign participation. Firstly, 18 out of the top 25 holders of the Trump meme coin are non-US citizens, with Chinese-born Justin Sun topping the list. The widespread use of Binance by top token holders, an exchange that restricts US users, is a dead giveaway for the nationality of attendees.
Trump will meet with the top 25 holders in a private VIP reception and a White House tour. Critics are taking swipes at the prospects of several foreign investors and entities having an intimate gathering with the US president and a White House tour.
However, ethics expert Norman Eisen describes the Trump meme coin dinner as a major conflict of interest for the White House. Others are raising concerns over the potential of market manipulation after the Trump coin team dumped tokens on exchanges.
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