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Critical Date Set for TRUMP Memecoin: Developers Announced! "A New Era Begins on This Date"
Developers made a striking statement for TRUMP, the official memecoin launched by U.S. President Donald Trump.
According to the announcement made by the developers, a new era for the token will begin on the evening of May 22, when the biggest holders of TRUMP and Donald Trump will attend the dinner.
"The new era of TRUMP will be announced on May 22nd, which is Dinner Day, in Washington D.C.," the statement said, but the details of this new era are not yet known.
Trump draws attention with this coin that he started promoting just a few days before taking office, and it recently came back into the spotlight with an announcement made in the past weeks. Accordingly, the top 200 holders of the TRUMP token will be invited to a special dinner at a golf club in Virginia on May 22. Additionally, the top 25 investors will also receive invitations for a special reception and "VIP" tour that will be held prior to this event.
However, a new analysis by Bloomberg News has raised some ethical and legal questions regarding these invitees. According to the analysis, only six of the largest 25 investors registered on the leaderboard of the website have traded on exchanges that do not accept users outside the U.S. It appears that the remaining 19 investors have used foreign crypto exchanges that state they do not serve U.S. citizens. Looking at a broader scale, at least 56% of the top 220 investors have similarly traded on foreign exchanges.
This situation indicates that a significant portion of investors may be outside the US. Some Democratic members in Congress are questioning the ethical implications of providing physical access to the President through a memecoin, while alongside this analysis, how participants will be monitored and how identity verification will be conducted has also become a separate topic of discussion. Those eligible to participate are only identified by 3-4 letter usernames, which creates a lack of transparency in terms of identity verification.