Trump advertises the crypto elite with exclusive dinner in connection with $ Trump token and millionaire donors

Trump advertises the crypto elite with exclusive dinner in connection with $ Trump token and millionaire donors

While the official Trump-meme-Mününze rises Pepe a better alternative being

US President Donald Trump this month is intensified by the crypto world, with two top-class dinner, the both wealthy political donors and the holder of the Meme coin-the $ Trump token named.

Together these cryptofocussed events Millions of support Add growing connections to the digital wealth community .

The first event that is planned for May 6th is an opulent fundraising dinner with $ 1.5 million per plate, which includes the most expensive dinner in the history of the US presidency.

The event is organized by Maga Inc. and includes the special guest David Sacks, a prominent risk capital provider and loud supporters for the redesign of the crypto and AI regulations in the USA.

later this month, on May 22nd, Trump will be a second dinner in his private club Trump National in the Washington area, D.C. align.

is unique that this is not financed with cash, but with crypto.

Access to the gala is determined by a blockchain-based competition to the best places, which is carried out by the creators of the $ Trump-Meme coin.

The best 220 token owners will be admitted by May 12th, with the best 25 VIP access and private reception, as well as a "WIP White House Tour" in black tie.

This gamified campaign strategy has generated considerable attention and value for the $ Trump token.

Since the announcement of the gala dinner, the token has increased by over 50 %, which increases the book value of the wallet of the early supporters and project insiders.

However, this arrangement triggered controversy.

The supervisory group Accountable criticized the competition as "the most obvious corrupt self-range program in the history of the US presidency", and expressed concerns that it enables wealthy and possibly foreign persons to buy influence through crypto ownership.

In addition to the reviews, the small print of the competition includes a disclaimer that Trump's participation is not guaranteed and that in the event of a cancellation, the winners will receive a Trump theme nft instead.

According to the on-chain analytics company Chainalysis, the trade activity in the $ Trump token has generated over $ 324 million in transaction fees in January-medium that is largely directed to wallets, which the creators of the tokens and reports Trump-saved entities are checked.

The website of the project claims that about 80 % of the token offer is kept by the Trump organization and associated wall.

In order to defuse public controversy, the insiders of the coins have agreed to not sell their stocks for at least another 90 days, according to the disclosures on the project page.