In a stunning convergence of politics, cryptocurrency, and culture, former U.S. President Donald Trump recently held an exclusive dinner for elite holders of the $TRUMP token.
The event brought together 220 token holders who had collectively shelled out some $394 million for the privilege, which works out to around $1.79 million per guest on average.
A notable attendee was Justin Sun, the founder of TRON and the largest holder of the $TRUMP token, with a $19 million investment.
Also present was MemeCore, a Singapore-based crypto group that, with a $17 million investment, was the second-largest holder of the $TRUMP token. MemeCore was recognized by Trump during the event.
The 92 holders who cashed out after dinner caused the price of the $TRUMP token to dip by 6.3%. But on the other hand, the price of the $DINNER token — created as a commemorative asset for the occasion — skyrocketed by an jaw-dropping 1,118% after the event. This really emphasizes the once-in-a-lifetime aspect of this high-profile dinner.
A Presidential Dinner with High Stakes and Exclusive Rewards
The dinner with Trump was not just any crypto event. It had the format of a presidential-level gathering, and if anything, it came off as even more extravagant and star-studded than the usual crypto fare. The presence of some major league figures at the top of the guest list—former President Donald Trump himself, of course, being the main draw—was perhaps the only thing that saved the evening from being seen as too far out on the fringe.
A significant evening highlight was the recognition of certain individuals who have played key roles in establishing the $TRUMP token ecosystem. MemeCore, a crypto group with influence and holdings large enough to make it the second-largest $TRUMP holder, was recognized and honored. ICE, one of MemeCore’s founders (he’s known better by that pseudonym), was the one receiving the commendation. He was awarded a limited-edition timepiece, along with a couple of other folks in the crypto world (pretty sure Justin Sun was one), who probably deserved such a token of appreciation.
The dinner acted as a stage for Trump to link up with key figures in the crypto world and to reiterate the laughable, somewhat ridiculous, but nonetheless serious emerging role of meme coins in politics. His personal speech was, of course, pure Donald Trump—for better or for worse. It had all the hallmarks of his recent political messaging while also giving a (con)descending nod to the likely illusory power of decentralized digital communities.
The Afterparty: “MEME THE NIGHT” Unites Crypto Insiders
After the formal dinner, MemeCore threw an invite-only afterparty called “MEME THE NIGHT,” making an even more celebratory occasion out of the exclusive event. The very packed VIP party was said to have included almost every dinner guest, plus several very high-profile attendees rumored to have been at the party—among them, the Mayor of Washington.
“MEME THE NIGHT” was a kind of afterparty for the merging worlds of meme coin culture, political influence, and the crypto social scene. For many of the participants, it was more than just a nighttime celebration; it was a signal that the meme coin movement is a serious player now in contemporary culture and politics.
🥳@MemeCore_ORG Attends Trump Dinner as Second-Largest $TRUMP Holder — Donald Trump Delivers Personal Speech
According to ChainCatcher, former U.S. President Donald Trump hosted a presidential-level dinner for top $TRUMP token holders — and Singapore-based crypto group MemeCore… pic.twitter.com/rZv5ZpY7JW
— MiSue (@minimisue2022) May 23, 2025
MemeCore’s ICE contemplated the night’s importance, stating, “Meme coins aren’t just a passing trend anymore—they’re becoming a real force in politics and culture.” This sentiment is shared by many in the crypto community and is perhaps best encapsulated in the meme coin Shiba Inu, which is currently worth dogecoin times 10.
Market Impact and Future Outlook
Although it was a notable occasion for the $TRUMP token community, the Trump dinner set off direct market responses. The price of the $TRUMP token dropped 6.3% as a significant group of holders — 92 to be exact — decided to cash in. The price drop might have something to do with nefarious forces attempting to impede the momentum of a project that could prove profitable for Trump and his supporters. Or it might just be a healthy price retracement after a run-up preceding the dinner.
In contrast, the DINNER token, which was created to commemorate the exclusivity of the dinner event, surged well beyond a 1,100% return! This meteoric rise of the DINNER token highlights just how much attention and liquidity themed, event-driven crypto assets can capture, often in stark contrast to the movements of the price of the asset itself.
As we look to the future, the dinner hosted by Trump sets an interesting standard for how meme coins may blend more fully into the everyday political and cultural spheres of the country. In addition to them being internet jokes, the dinner shows how meme coins could also become influential digital assets with actual political heft.
Meme coins are rising in stature, and events like this dinner are proof of the impact they have beyond price charts. They are shaping conversations at the very real intersection of finance, technology, and governance — a phenomenon that could seriously redefine the future of both crypto and politics.
At the moment, the community surrounding the $TRUMP token delights in an evening they won’t soon forget. Meanwhile, many in the crypto world closely observe the phenomenon of meme coins, their continued rise, and what they might say about the modern cultural moment.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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