Trump’s TRUMP Meme Coin Event Falls Flat as Token Value Drops 16%

Former President Donald TRUMP hosted an exclusive dinner for major holders of his TRUMP memecoin at his Virginia golf club, but the event disappointed attendees. Guests reportedly needed $148 million in token holdings to gain entry.

The gathering faced backlash over poor catering quality, with the filet mignon being likened to "Walmart steak." Trump made only a 23-minute appearance before leaving via helicopter without interacting with guests or addressing questions.

Following the lackluster event, the TRUMP token price dropped 16%. Many attendees had already sold their positions by dinner time, sparking concerns about the viability of celebrity-endorsed cryptocurrency ventures.

Democratic legislators are pushing for probes into possible breaches of foreign investment regulations and constitutional emoluments clauses related to the event.