Winning & Dining: The Trump Token Table 🍽️
On May 22, the top 220 holders of $TRUMP tokens will dine with the President at his Virginia golf club.
The catch? Blockchain analysis suggests most attendees won't be American.
With wallets linked to exchanges like Binance that don't serve US customers and $148 million collectively spent to secure invites, this dinner represents an intersection of crypto, politics, and foreign influence.
Who exactly scored an invite to break bread with the President?
Are they speculative traders, strategic influence buyers, or something else entirely?
And what happens when a world leader invites anonymous internet strangers to dinner based solely on how much of his token they've purchased?
Buy Once, Earn Daily Bitcoin Forever
Infinity Hash brings the best aspects of cloud and colocation mining into a transparent and reliable system that provides long-term cash flow.
👨💼 The Guest List
If you dropped serious cash on $TRUMP tokens before May 12, congratulations, you might be dining with the President this Wednesday.
“From April 23 to May 12, hold as much $TRUMP as you can. Your average holdings during this period will determine your ranking. The more $TRUMP you hold — and the longer you hold it — the higher Your Ranking will be” says the website.
Who exactly made the cut?
Let's peek at the seating chart.
Table 1: The Whales
At the head of this table sits the confirmed king of $TRUMP ocean: Justin Sun, who just officially announced on Monday that he is indeed the top holder on the leaderboard. The Tron founder holds more than 1.4 million TRUMP tokens worth approximately $20 million.
Sun didn't just hold — he doubled down after the dinner was announced, adding 359,000 more TRUMP tokens (about $4.72 million) during the qualification period.
The Tron founder is no stranger to controversy — he's currently negotiating with the Securities and Exchange Commission (SEC) over fraud charges. But in a stroke of curious timing, the SEC, led by Trump appointees, asked a court to suspend the lawsuit against Sun in February.
Joining him at the whale table: Singapore-based MemeCore with another $18 million investment. They've been extremely vocal about their quest for dinner access, practically live-tweeting their token buying spree.
Table 2: The International Brigade According to Bloomberg, 19 of the top 25 wallets belong to individuals outside the US.
Kain Warwick, Infinex founder (Australian), who told reporters he'll "wear a suit" to the dinner and doesn't expect much face time with the President
Vincent Liu from Kronos Research (Taiwan)
"Ogle," a pseudonymous attendee with more than 250,000 tokens who refused to disclose his citizenship saying "This is crypto man. If I wanted to have my info doxxed, I wouldn't use a pseudonym"
Various anonymous wallets linked to Asian exchanges
Table 3: The "Just Barely Made It" Crew
The final qualifier for dinner held 4,196 tokens, worth about $60,000 at the cutoff. That makes the actual "cost" of attending this dinner about $6,000 if they sold immediately after qualifying (accounting for the 10% price drop), a steal compared to the $1 million "candlelight dinner" tickets Trump's Super PAC sold in March.
Noticeably absent: Freight Technologies, a Houston logistics company that spent $2 million trying to influence US-Mexico trade policy by buying tokens. They finished 250th, missing the cutoff by 30 spots. Ouch.
Get 17% discount on our annual plans and access our weekly premium features (Mempool, Game On, News Rollups, HashedIn, Wormhole and Rabbit hole) and subscribers only posts. Also, show us some love on Twitter and Telegram.
💰 The Price Tag
The numbers behind this dinner party are absolutely mind-boggling.
For the guests:
$148 million: Combined spending by all 220 qualified wallet holders
$4.8 million: Average amount held by VIP attendees (top 25)
$20 million: Justin Sun's confirmed holdings (1.5 million TRUMP tokens)
$60,000: Amount held by the last qualifier (#220) at the cutoff
For comparison
$1 million: Cost of "candlelight dinner" with Trump, sold by Super PACs in March
$5 million: Price for one-on-one meetings with the President through traditional channels
$15 billion: Peak market cap of $TRUMP token on January 19 after launch
$2.9 billion: Current market cap
$320 million: Amount already collected in trading fees by Trump-affiliated entities
80%: Percentage of token controlled by Trump Organisation and affiliates (specifically CIC Digital and Fight Fight Fight LLC)
The wealth transfer here is staggering. For every winner celebrating their dinner invite, there are thousands of losers who helped fund the party without getting an invitation.
🧩 The Complications
Just dinner with the president? No. It's a diplomatic, legal, and ethical minefield:
Identity crisis
Because crypto wallets are pseudonymous, nobody knows exactly who bought these tokens. Some wallets can be traced to known individuals, but others remain completely anonymous.
The Secret Service must be having an absolute meltdown trying to vet these guests. "Sir, all we have is a wallet address starting with 0x4f9..."
The VIP experience
The dinner itself is just part of the package. The top 25 VIPs also get an exclusive reception with Trump before dinner and a "special VIP tour" (though of what, exactly, remains unclear). That's something normally reserved for $5 million Super PAC donors.
Foreign influence
Sen. Richard Blumenthal warned that the Trump family's crypto ventures could become a "backdoor for foreign and corporate interests seeking access to the president."
When most of your dinner guests are foreign nationals who paid hundreds of thousands (or millions) for access, it's hard to argue against that characterisation.
Legislative impact
Despite initial concerns, the dinner controversy didn't ultimately derail crypto legislation. The Senate has actually advanced the GENIUS Act stablecoin regulation bill on a bipartisan vote, with Democrats joining Republicans to move the legislation forward.
While some Democrats had initially expressed reservations, the bill's progress indicates that crypto regulation is becoming a truly bipartisan priority that transcends the controversies surrounding the memecoin dinner.
Investigation brewing
Democratic lawmakers have requested all suspicious activity reports (SARs) filed since 2023 related to World Liberty Financial and the $TRUMP token.
The request specifically asks for any mentions of WinRed, America PAC, Elon Musk, Trump, WLF, TRUMP, MELANIA, and Justin Sun. This investigation train is just leaving the station.
🔍 The Aftermath
What happens after the plates are cleared? Here's what to watch for:
Market Movements: Expect a classic "sell the news" dump after the dinner. Those who bought tokens purely for access have no reason to hold once the meal is over.
Media Coverage: How much access will press have? Will attendees share details, or will NDAs keep it all quiet? The level of transparency will tell us a lot about the real purpose of this event.
Political Fallout: Democrats are already using this dinner as ammunition against the administration. Expect hearings, investigations, and possibly legislation targeting similar crypto-for-access scenarios.
Copycat Events: If this works for Trump, other politicians will likely follow. Imagine Cabinet Secretaries hosting token holder lunches or Senators doing NFT meet-and-greets.
Whether you see this dinner as innovation or corruption depends largely on your politics. But one thing's certain: the line between crypto and political influence has never been blurrier.
Just remember — in crypto as in politics, there's no such thing as a free lunch. Especially when the lunch costs millions of dollars in meme tokens.
Got questions about a hot crypto topic that you want help understanding? Ask your question using the form and our crypto experts may answer it along with your name in our weekly News Rollups.
The Week That Was 🗓️
The founder of Hashling NFT and a connected Bitcoin mining operation, Jonathan Mills, is facing a lawsuit from former business partners.
President Donald Trump signed the "TAKE IT DOWN Act," making it a federal crime to publish or threaten to publish nonconsensual intimate images, including AI-generated deepfakes.
Haliey Welch, known as the "Hawk tuah girl," stated that the FBI briefly investigated her following the "disastrous" launch of a memecoin named after her.
An AI-powered Darth Vader character in Fortnite's "Galactic Battles" event began spouting racist and homophobic slurs, along with profanity, shortly after its introduction.
SEC Commissioner Hester Peirce clarifies that NFTs, even those with creator royalties, generally aren't considered federal securities.
Blockchain gaming saw a 10% drop in user activity in April, hitting a 2025 low of 4.8 million daily Unique Active Wallets (dUAW).
Upcoming Launches 🔍
Rare Fish Market NFT by cydr + bagdelete: Launching May 26. "Rare Fish Market," a project by @cydr and @bagdelete, launches Monday, May 26 on Fellowship. This collection features 78 unique 1 of 1 NFTs priced at 0.1 ETH, offering a satirical take on digital assets.
Pixelmon's Warden's Ascent: Mobile RPG Coming to Avalanche. Pokémon-inspired crypto gaming franchise Pixelmon will launch its flagship mobile RPG, Warden's Ascent, on Avalanche in the second half of 2025.
Upcoming Token Unlocks: May 19 - May 25. This week's notable token unlocks include: $MRS (May 22, $176.50M), $MURA (May 23, $3.94M), and $VENOM (May 25, $6.08M). Two unlocks already occurred: $PYTH (May 19, $307.84M) and $EIGEN (May 20, $1.75M). Investors should monitor these events.
Art of the Day 🖼️
Exit Vectors by Keke
Token Dispatch is a daily crypto newsletter handpicked and crafted with love by human bots. You can find all about us here 🙌
If you want to reach out to 200,000+ subscriber community of the Token Dispatch, you can explore the partnership opportunities with us.
Fill out this form to submit your details and book a meeting with us directly.
Disclaimer: This newsletter contains analysis and opinions, not financial advice. Trading crypto involves substantial risk - your capital is at risk. Do your own research.