On May 22, US President Donald Trump is expected to play host to the top 220 biggest holders of his $TRUMP meme coin – either at the White House or his Virginia golf club.
Bringing these crypto whales together into a high-level political setting signals that meme coins have outgrown their humor status; they’re now serious movers in culture, politics, and finance.
As meme coins gain increasing mainstream attention, BTC Bull Token ($BTCBULL), MIND of Pepe ($MIND), and Aave ($AAVE) could be among the new cryptos to rally.
Whales Dump $TRUMP After Securing Meme Event Access
After the May 12 qualification deadline for Trump’s meme coin event, around 34 of the top 220 whales quickly dumped $TRUMP after securing their spots.
The goal was clear: Buy high for event access, then cash out before $TRUMP’s price drops.
Renowned names like Kain Warwick (Synthetix), Vincent Liu (Kronos Research), and startup founders across the US, Asia, and Europe secured spots in Trump’s exclusive meme coin event (though all will require thorough background checks).
Reports suggest that the top $TRUMP investors can anticipate a VIP tour, a top-notch banquet, a private reception, and direct face time with Trump himself.
While Trump’s team insists the token isn’t political, critics argue the event raises red flags around foreign influence, crypto lobbying, and conflicts of interest.
Still, such controversy ahead of the event hasn’t halted the momentum; if anything, it’s fueled it, with the $TRUMP price up 62% this past month.
Author: Bitcoinist