Trump Set to Raise Millions Through Crypto and Meme Coin Events in May

President Donald Trump is preparing to host two crypto-themed events this month. One targets wealthy political donors, while the other caters to holders of a meme coin bearing his name. Both events are expected to bring in millions of dollars.

The first event, held on May 5, charges $1.5 million per plate. It takes place at Trump National and features venture capitalist David Sacks as a guest. Sacks has played a key role in shaping crypto and AI policy under recent Republican influence.

MAGA Inc., a super PAC supporting Trump, is organizing the event. Though Trump can’t run for a third term, MAGA Inc. continues to raise funds. It remains unclear how the group plans to use the money from this and other high-priced dinners.

$TRUMP Token Gala Offers Exclusive Access

The second event, scheduled for May 22, also takes place at Trump National. However, guests won’t buy tickets. Instead, entry depends on how many $TRUMP meme tokens they own.

A public blockchain leaderboard tracks ownership. The top 220 token holders will attend the dinner. The top 25 will get a VIP reception and a White House tour. The leaderboard contest runs until May 12.

Critics Warn of Corruption and Secrecy

The group Accountable.US criticized the event. They called it a “nakedly corrupt self-enrichment scheme.” According to the watchdog, the format allows anonymous or foreign donors to gain access to Trump’s inner circle.

Because crypto wallets are anonymous, it’s hard to know who holds the tokens. Unless a person publicly shares their wallet address, their identity stays hidden.

Token Prices Soar After Gala Announcement

Interest in the $TRUMP token soared after the gala news. The coin’s value jumped over 50%, boosting the wealth of early investors and insiders.

According to the project’s website, the Trump Organization and its affiliates control 80% of the token supply. Chainalysis reported that token trading has created over $324 million in fees for wallets linked to the project.

These fees come from a built-in tax on every trade, which directs funds to insider wallets. Although insiders agreed to hold their tokens for 90 more days, critics say the structure still raises ethical concerns.

Attendance Not Guaranteed

Despite the promises, Trump may not attend the May 22 dinner. The event can be canceled at any time. In that case, eligible guests will receive a Trump-themed NFT instead.

Even with that uncertainty, the gala has boosted token demand. It also deepened ties between Trump and the crypto industry — raising fresh questions about transparency, campaign finance, and foreign influence.

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