Someone Launched a Solana Meme Coin From the Trump Crypto Dinner—It Flopped
Summary
An attendee at a Trump crypto gala launched a Solana meme coin called Trump Dinner (DINNER) during the event, posting evidence in a Telegram group. The token peaked at a $450,000 market cap before crashing 89%. Concerns arose due to the deployer controlling nearly 10% of the supply and 44% being bundled across multiple wallets. After posting videos related to the dinner, the deployer attempted to send part of the supply to the official TRUMP wallet but mistakenly sent it to their own. This led to further price drops, with the token ultimately falling to a market cap of $14,350, down 92.5% from its peak. Upset holders labeled the project a scam and called for accountability on social media.
