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$4.7B Lost, Then a Third Trump Dinner for Top Memecoin Holders

2026-10-01

The group behind US President Donald Trump's memecoin says he will attend a dinner on Nov. 22 for the token's 185 largest holders. The dinner will be held at his golf club in Washington, DC. Cointelegraph reported the plan on Oct. 1, 2026.

This will be the third event of its kind. The first was in May 2025 and the second in April 2026.

The announcement came a few weeks after a report found that investors in Trump's crypto ventures had lost a combined $4.7 billion. Cointelegraph's headline says the dinner comes amid corruption claims. The text available here does not say who made those claims or what they are.

Several things are not known from this report: how the top 185 holders will be chosen, what the memecoin's price is, and whether the dinner will change anything about the token. The report also does not explain how the $4.7 billion figure was calculated.

For someone who already holds a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. The report says nothing about perpetual contracts, funding rates, trading fees or liquidity on any exchange. It is political news about a token's holder event, not a change to the cost of holding a position.

Source: cointelegraph — Trump to host 3rd ‘exclusive’ memecoin event amid corruption claims

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