Trump Generates $350M Through Memecoin, Offering White House Access to Top Investors
President Trump’s $TRUMP memecoin raised $350 million, with top token holders gaining exclusive access to White House dinners. The project created a controversial ‘access-for-tokens’ model, raising significant ethical concerns about monetizing presidential access and potential conflicts of interest.
Key Actors
Sources (4)
- Trump's meme coin business racks up fees as buyers jump for access to president (2025-05-05)
- Trump is hosting a private dinner for the top 220 buyers of his memecoin tonight—and even the crypto lobby is grumbling (2025-05-22)
- Donald Trump mines millions from meme coin fans in access-for-tokens model (2025-05-05)
- 50 Trump crypto dinner invitees hold tokens linked to alt-right symbols and racist language (2025-05-05)
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