Trump is hosting the 'most exclusive dinner in the world' for the top buyers of his meme coin — which is down 97%

The firm behind the president’s meme coin is promising yet another contest to secure an invitation to a dinner with Trump. As The Washington Sun reports, the top buyers of the coin, called $TRUMP, will receive an invite to the event at his private club in Washington, D.C.

The dinner appears to be the president’s latest effort to promote his crypto-related ventures, which have already made him more than a billion dollars since he returned to office in January 2025.

Trump’s meme coin dinner

The website for the $TRUMP meme coin is promising “an evening with 3 Legends and President Donald J. Trump” for the biggest holders of the coin. The three legends are so far unnamed, but the website says “superstars will be added.”

Along with the dinner event, the top 29 buyers of the coin will also be invited to a “VIP Reception with YOUR FAVORITE PRESIDENT,” and the four biggest purchasers will receive a Trump-branded, 18-karat gold watch, according to The Washington Sun.

As the gala’s website states, time-weighted $TRUMP holdings will determine scores on the leaderboard, which allows eager holders to track whether they’re in the top 185. At the time of publication, the top spot went to someone with the username “GOTRUMP.” Their time-weighted $TRUMP holdings were valued at $311,800.

This is not the first time the president has hosted an event like this. Trump faced significant backlash over a similar event he held in May 2025 at the Trump National Golf Course, as well as another event held this April at Mar-a-Lago.

Trump’s crypto company is also offering tickets to the Super Bowl for his coin’s top 18 holders, as well as access to Formula 1’s Singapore Grand Prix to the coin’s top 23 holders.

Young crypto fans turn on Trump

Trump has been quite vocal in his support for cryptocurrency and his meme coin is one the most lucrative crypto product tied to him.

According to his 2025 financial disclosure, the president earned $635 million from the venture last year, which launched days before his inauguration. Trump made more than $1.4 billion off of his crypto-ventures in 2025.

But Trump’s crypto ventures haven’t been nearly as lucrative for its buyers. According to an analysis by Public Citizen, Trump’s crypto products have left investors with an estimated $4.7 billion in combined losses. The value of the $TRUMP meme coin has declined significantly since it was launched, dropping 97% from its peak of $75.35 in January 2025 to about $2 today, The New York Times reported.

That drastic drop has left some crypto enthusiasts with a bad taste in their mouths. According to The Washington Post, young, male crypto fans were excited by Trump’s embrace of the industry, but they were expecting him to back bitcoin — not launch his own coin.

“Trump was the hero in crypto, like, a couple of years ago, and now it’s like the exact opposite,” Carl Runefelt, a streamer who focuses on cryptocurrencies, told The Washington Post. “Crypto already has a branding of ‘it’s just a bunch of scams and scammers,’ and this didn’t help because now even the top guy did the same thing that people hate.”