In May 2025, U.S. President will host two special dinners to raise money with help from the crypto world. The first event, called the “Crypto & AI Innovators Dinner,” will be on May 5. It costs $1.5 million per person to attend. These events are tied to the $TRUMP Memecoin, a digital token created to support him and his mission. It’s run by MAGA Inc., a group that supports the President, and will include tech investor David Sacks as a guest. The second dinner will happen on May 22 and is even more exclusive, only the top holders can attend.
These dinners are part of his bigger plan to make the U.S. a world leader in DeFI and blockchain. His government wants to create a Strategic Bitcoin Reserve with 200,000 seized bitcoins—without using taxpayer money. The U.S. President also wants a U.S. Crypto Reserve that includes other coins like XRP, Solana, and Cardano. This shows his support for making America more open and friendly to future money.
The second dinner on May 22 will be held at Trump National, his private club in Washington, D.C.. The guest list will be picked through a blockchain contest by the team behind the $TRUMP Memecoin. To enter, people must hold $TRUMP tokens. The more tokens someone owns, the better their chance of being invited. The top 220 token holders will get a seat at the dinner with President. And the top 25 holders will get a VIP tour of the White House.
He used to be unsure about digital finance. During his first term, he called digital coins risky. But now, he says he wants to end what he calls the “regulatory war on crypto and Bitcoin.” His team is working on new laws to create clear rules for stablecoins and DeFi exchanges. Many believe many such investors helped fund his 2024 Presidential campaign, especially since former President Biden didn’t support DeFi (decentralized finance). These new rules aim to help digital finance grow while stopping other countries—like China—from leading the future of blockchain.
Not everyone agrees with this plan. Some critics say mixing politics with monepersonal gain, like promoting the $TRUMP Memecoin, is a conflict of interest. Also, because DeFi is often anonymous, it’s hard to know who is giving money. There are worries about foreign influence or misuse of funds. MAGA Inc. supports him, but he can't run for a third term. So people are asking: Where will this money go? Watchdog groups are calling for investigations. One critic, Tony Carrk from Accountable U.S., said, “This is the most openly corrupt money-making scheme in U.S. presidential history.”
Even with the criticism, President's support for digital money along with $TRUMP memecoin has excited investors. After the dinner plans were shared, the Memecoin’s value jumped. This bold strategy could shape the future of digital money in America. By backing crypto, he is gaining support from the fast-growing world of blockchain and DeFi.
Mishi Saini is a skilled crypto writer with a year of experience in blockchain and digital assets. She specializes in breaking down complex topics, making them accessible and easy to understand for all readers. From Bitcoin and altcoins to NFTs and DeFi, Mishi presents the latest trends in a simple, straightforward manner. She keeps up with market updates, price shifts, and new developments to deliver insightful content. Her work supports both newcomers and seasoned investors in navigating the dynamic world of cryptocurrency. Mishi is a firm believer in blockchain’s potential to transform global finance.
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