Some of Donald Trump’s top memecoin holders may come out of the shadows to appear for a dinner planned by the US president to play on May 22.
On April 23, Trump Memecoin (Trump )’s official website offered an opportunity for the “top 220” holders to meet the President in person in Washington, DC. At the time of publication, the guest list for the event was unclear, but the project said any tokenholder who applied would have to pass a background check, “It may not be from a (know your customer) guard list,” and may not have any additional guests.
Memecoin, which was then launched-Elect on January 17 before office, Strongly criticized by the crypto industry and lawmakers for potentially allowing foreign officials and interest groups to send money directly to the US president without proper disclosure and supervision.
The team behind the project controls 80% of the total supply, while the identities of many of the other top tokenholders are largely unknown.
Trump’s memecoin price reached about 52% from $ 9.30 to $ 14.20 shortly after the dinner announcement. After the token was launched on January 17, the project market capitalization increased to approximately $ 15 billion before the fall of 50% on January 20.
This is a story development, and further information will be added as it is available.
