President Donald Trump is slated to host a private dinner for the top 185 purchasers of the $TRUMP memecoin, with the invitation promising VIP access for the top 29 buyers and 18-karat gold watches for the four largest contributors. Reporters say Jeff Stein noted Trump has "pocketed $635 million" from the token while investors are collectively down billions. Media coverage highlights that the coin has fallen dramatically—reports cite a roughly 98% decline—and that hundreds of thousands of wallets lost money even as a small number of investors posted large profits. The event follows similar, controversial dinners hosted at Trump properties earlier this year.
Trump to Host 'Most Exclusive Dinner in the World' for Top 185 $TRUMP Buyers — VIP Perks and Controversy
(AP Photo/Matt Rourke)
President Donald Trump plans to host what organizers are billing as "the most exclusive dinner in the world" for the 185 individuals who spend the most on his memecoin, according to a report by Jeff Stein for The Washington Sun.
Stein shared an image on X that appears to be AI-generated, showing a noticeably younger, slimmer Trump seated at a dinner table and pointing toward the viewer. In his post, Stein wrote: "NEWS: Trump to host 'most EXCLUSIVE DINNER IN THE WORLD' for top 185 purchasers of his meme crypto." He added, "Buying $1M (or less!) worth of $TRUMP coin should get you in. Nov 22: Trump has pocketed $635 million," and noted, "Investors down +$4 billion on Trump crypto." Stein also linked to an invitation hosted on GetTrumpMemes.com.
The invitation describes the event as "an evening with 3 Legends and President Donald J. Trump" and promises that the top 29 buyers will be admitted to a VIP reception with the president. The four largest purchasers are listed as receiving an 18-karat Trump-branded gold watch each.
Stein pointed out that Trump held a similar dinner last May at the Trump National Golf Club, an event that drew significant backlash, and that a comparable gathering took place in April at Mar-a-Lago.
Investor Losses and Reported Profits
Concerns about the $TRUMP memecoin's performance have been widely reported. In July, CNN documented that the token had plunged sharply in value. Media reports and on-air commentators noted substantial losses for small investors: at least several hundred thousand wallets reportedly lost money after buying the token while a small number of investors realized large gains.
"So this is the $TRUMP meme coin, just to be specific, and a crypto analytics firm estimates that 58 investors into the $TRUMP coin made profits above $10 million," Inside Politics host Dana Bash said. "At the same time, 764,000 wallets lost money, per The New York Times."
Other coverage summarized a roughly 98% decline in the token's value and emphasized that while campaign-aligned messaging has touted large sums tied to the coin, the broader investor base appears to have experienced heavy losses.
The initial report about the planned dinner appeared on Mediaite, which first highlighted coverage of the invitation and public response.
What To Watch
Observers will be watching for updates on the guest list, any official statements from the campaign or organizers about the event, and further reporting on the token's ownership and distribution—particularly whether the top purchasers who are being courted for this dinner include insiders or high-profile backers.
Help us improve.
