Top TRUMP tokenholders revealed? US President to host memecoin dinner
Summary
Donald Trump plans to host a dinner on May 22 for the top 220 holders of his memecoin, TRUMP, in Washington, DC. Attendees must pass a background check and cannot be from a KYC watchlist country. The memecoin, launched on January 17, has faced criticism for potentially enabling undisclosed foreign financial influence. The project team controls 80% of the supply, with many top holders' identities unknown. Following the dinner announcement, the TRUMP memecoin's price rose by 52%, and its market cap initially reached $15 billion before halving by January 20.
