In brief
- Top holders of President Trump’s official meme coin were invited to an exclusive dinner Thursday.
- An attendee attempted to launch a Solana meme coin of their own, right from the event.
- The coin quickly peaked at a $450,000 market cap before plunging, and never recovered.
An attendee of Thursday’s Trump crypto gala dinner launched a Solana meme coin via Pump.fun amid the president’s speech—posting evidence of the action in a Telegram group.
The token failed to gain much traction, however, topping out at a market cap of $450,000 before it crashed and burned, with holders who apparently gambled on the token’s prospects labeling the deployer a “scammer” and calling for “jail time.”
In a video posted in the meme…
May 24 2025
