"In May 2025, the top 220 holders of Trump's memecoin-launched just days before his inauguration in January 2025-attended a dinner held at the Trump family's Virginia golf club. The President himself appeared and spoke briefly to the audience. Critics, including Democratic lawmakers, called the dinner a blatant pay-for-access scheme."
"Last week, the outfit behind the $TRUMP cryptocurrency announced that there will be a "once-in-a-lifetime" experience at the Trump family's private club Mar-a-Lago in Palm Beach, Florida, in late April. Attendees will have access to a gala luncheon where the President is advertised as a keynote speaker. In the hours after the announcement, the price of Trump's memecoin soared almost 60%."
"But even for some attendees who ponied up to see Trump in person, the experience was underwhelming. The meal itself proved to be especially disappointing. "Trash," Nicholas Pinto, a 25-year-old social media influencer, texted Fortune while he was at the banquet. "Walmart steak, man.""
The team behind President Trump's memecoin is hosting a second exclusive conference at Mar-a-Lago in Palm Beach, Florida in late April for major token holders. The event, billed as the "most exclusive crypto and business conference in the world," will feature a gala luncheon with Trump as keynote speaker and eighteen unnamed global figures in attendance. The announcement caused the memecoin's price to surge nearly 60%. This follows a May 2025 dinner at Trump's Virginia golf club for the top 220 memecoin holders, which drew criticism from Democratic lawmakers as a pay-for-access scheme. Even some attendees found the previous event disappointing, with complaints about the meal quality. Bill Zanker, a longtime Trump business partner behind the memecoin, is organizing this year's event despite the controversy.
Read at Fortune
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