Trump‘s Memecoin Dinner: A Tale of Disappointment?
Donald Trump‘s recent dinner for top holders of the TRUMP memecoin has sparked controversy, with attendees expressing disappointment over the food served and the quality of Trump‘s speech. Nicholas Pinto, a TikTok prankster who attended the event, described the three-course meal as some of the “worst food” he’s ever had, with other attendees echoing similar sentiments. While the menu boasted a “Trump organic field green salad,” filet mignon, pan-seared halibut, and a lava cake dessert, Pinto, who spent $300,000 on TRUMP tokens to secure his spot, found the food far from satisfying, particularly criticizing the filet mignon as “Walmart steak.”
Pinto’s disappointment extended to Trump‘s speech, which he described as “pretty much like bullshit.” While Trump touted the potential of crypto, claiming that some of the “smartest minds from all around the world” were present, attendees felt the speech lacked substance and lacked the engagement they had hoped for.
Trump‘s departure immediately after his speech, without engaging with attendees further, added to the disappointment. Pinto noted that attendees expected Trump to hand out new watches to the top token investors, a gesture that was ultimately absent.
Controversy Deepens: Emoluments Clause and Foreign Investment
The event has also attracted scrutiny from politicians, with 35 Democrats calling for an investigation into Trump‘s crypto dinner. They suspect Trump may be accepting foreign investments, potentially violating federal bribery statutes and the Constitution’s foreign emoluments clause, which prohibits the US president from accepting gifts from foreign states without Congressional approval.
Trump invited the top 220 holders of the TRUMP memecoin to the event, many of whom were international. The potential for foreign influence and financial ties, coupled with the underwhelming event itself, raise questions about the legitimacy and purpose of the dinner.
A Disenchanted Community?
The negative feedback from attendees, along with the political scrutiny surrounding the event, highlight a potential disconnect between Trump‘s perceived engagement with crypto and the reality on the ground. While he may have intended to appeal to a crypto-savvy audience, the lack of engagement and the subpar experience have left some feeling disillusioned. Whether this will have a lasting impact on the TRUMP token’s future remains to be seen, but it certainly casts a shadow over Trump‘s foray into the world of crypto.
