The $TRUMP token dropped by 7% on Saturday morning, hours after President Donald Trump hosted a black-tie gala at his Virginia golf club. The event was held for holders of his meme coin, who collectively spent $148 million just to attend.

A black-tie gala thrown for the top 220 buyers of Donald Trump’s meme coin Thursday night at his Virginia golf club featured the president flying in on Marine One and speaking at a lectern emblazoned with the presidential seal,

Sun, a Chinese-born crypto billionaire, is also involved with the Trump-linked ecosystem througha $75 million investment in World Liberty Financial.

The event, which was held at the Trump National Golf Club Washington DC in Potomac Falls, Virginia, was a real who’s who of people who make you go “I think I’ve heard of that person.” Perhaps the most famous person in the room was former NBA player Lamar Odom,

The TRUMP meme coin declined by 13% in a day and was quoting 15.87 at press time. Trump launched the eponymous meme coin on Jan. 17 when industry leaders were at an unofficial bal