The dinner organized for prominent TRUMP memecoin holders was conducted smoothly — though notably, it proceeded with minimal presence from the President.
If access to the President was expected by the 220 prominent TRUMP memecoin holders—as alleged by Democratic critics—then disappointment was widely experienced during the previous day’s gala dinner.
It was conveyed by two participants at the dinner for the top 220 TRUMP memecoin holders to Eleanor Terrett, host of the Crypto in America podcast, that disappointment had been experienced due to the absence of substantial interaction with the president.
According to Terrett, after million-dollar-plus investments had been made in the TRUMP memecoin, attendees were given only a brief speech in which the president restated his intention to position the U.S. as a global leader in crypto. Greater access and the possibility of a Q&A session for the top wallet holders had been anticipated.
According to Terrett, it was expressed by one attendee that only a few remarks had been delivered by the president before his immediate departure.
An outpouring of sympathy was not expressed by Crypto Twitter in response to the situation.
A post by the Bitcoin Voter Project stated that expectations of discussing the President’s altcoin preferences were unrealistic, adding a dismissive “lol” in response.
A question was posed by ChainYoda, who remarked, “Was the President the one who rugged the ruggers?”
Absent at the Gala: Disappointment at TRUMP Memecoin Dinner
Similar sentiments were expressed after a brief video of the event was posted by Tron founder Justin Sun, in which only an empty podium was shown while the President was notably absent.
A question was raised by X user Fitz, who asked whether President Trump had even been present at the event.
It was noted that Sun had been ranked as the top VIP based on a leaderboard showing his Official TRUMP holdings at 1,319,904.266. This ranking resulted in him being brought onto the podium to accept a gold watch and deliver a few remarks — though, unfortunately, no audio was provided — and once again, President Trump was not visibly present.
Based on the current price of $13.40—reflecting a 15% daily decline—the value of Sun’s TRUMP holdings has been estimated at over $17.6 million.
In addition to the memecoin—valued at a market capitalization of $2.6 billion—the President has been associated with World Liberty Financial (WLFI), an entity that has ventured into the cryptocurrency sector through various initiatives, including the issuance of a stablecoin.
Democrats Outraged Over TRUMP Memecoin Gala
The dinner, held at the Trump National Golf Club overlooking the Potomac River in Virginia, provoked outrage among Democrats, prompting several to participate in protests at the venue.
Senator Richard Blumenthal (D – Conn.) stated during a press call organized by Access U.S. that the event at Trump’s golf course—where top investors in his meme coins were being hosted—was effectively seen as placing a “For Sale” sign on the White House. It was described as an act of auctioning off political access.
Representative Maxine Waters of California, the ranking Democrat on the House Financial Services Committee, was also cited as having described the Official TRUMP token as a mechanism being used to bypass national security and anti-corruption regulations.
Just hours ahead of the event, the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025” — also known as the “Stop TRUMP in Crypto Act of 2025” — was introduced by Representative Waters, as noted in an official release.
In a formal statement, Representative Waters asserted that “Trump’s crypto con is not merely a scheme aimed at defrauding investors.” She added that it was being viewed as a “dangerous backdoor” through which foreign entities might purchase influence over U.S. policy. Waters warned that countries such as Russia, China, or North Korea could potentially be acquiring Trump’s crypto assets in an attempt to gain favor with the White House.
Based on the outcome of yesterday’s event, it appeared that limited access was provided to TRUMP holders in return for their financial contributions.
