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Trump’s $TRUMP memecoin gala saw massive investment from top holders, sparking backlash over pay-to-play allegations and transparency concerns.
What’s the Scoop?
- Exclusive Event: Over 220 top investors in Trump’s meme coin, $TRUMP, attended a gala at Trump’s private golf club, with attendees on average holding just shy of $2M in $TRUMP.
- Criticism and Concerns: The event faced backlash over potential pay-to-play allegations, with critics claiming Trump is leveraging crypto for personal gain.
- Coin Performance: $TRUMP saw a pricing surge of over 55% after the gala announcement but it's initial die-down after an explosive launch has still left the majority of investors with substantial losses.
