TLDR
- Trump’s memecoin company announced a third “gala dinner” for Nov. 22 at Trump National in Washington, D.C.
- The top 185 holders of the TRUMP token qualify through a leaderboard that tracks holdings between Sept. 30 and Nov. 12.
- TRUMP was trading near $2.04 on Oct. 1, down about 97% from its January 2025 peak near $74.
- A Nansen report found holders lost a combined $3.81 billion through June, while Trump’s own disclosures list $636 million in payouts tied to the coin.
- Senators Warren, Schiff, Blumenthal, and Coons have criticized the dinners and asked the SEC to investigate the token.
President Donald Trump will host a third dinner for his memecoin investors on Nov. 22. The event will take place at Trump National in Washington, D.C.
NEWS: Trump to host "most EXCLUSIVE DINNER IN THE WORLD" for top 185 purchasers of his meme crypto
Buying $1M (or less!) worth of $TRUMP coin should get you in Nov 22
Trump has pocketed $635 million
Investors down +$4 billion on Trump crypto
Invite ⬇️https://t.co/u8ck5DDR8v pic.twitter.com/ZUnBRCnN9g
— Jeff Stein (@jstein_sun) October 1, 2026
Fight Fight Fight LLC runs the event. The company manages the Official Trump token, known by its ticker TRUMP.
The dinner is open to the top 185 holders of the coin. Rankings are based on a leaderboard that scores token holdings and how long people keep them.
The scoring period runs from Sept. 30 through Nov. 12, according to the event page. The top 29 ranked holders get VIP access and front row seating.
Four of the top holders will also receive gold watches branded with the Trump name. Other gifts include a fragrance, a trading card, and a commemorative poster.
How the Dinner Compares to Past Events
This marks the third such gathering since the coin launched. The first was a May 2025 dinner for 220 holders at the same Washington golf club.
The second took place in April 2026 at Mar-a-Lago in Florida. That event hosted 297 guests and featured former boxer Mike Tyson.
Organizers say Trump will appear alongside three guests described as “legends.” None of the three have been named yet.
The event page also states that no attendee will get a private meeting with the president. That was a complaint after past dinners, where some guests said they barely saw Trump.
Token Price and Investor Losses
TRUMP was trading around $2.04 on Oct. 1. That price is about 97% below the token’s peak near $74, reached shortly after its January 2025 launch.
The coin’s price rose nearly 10% right after the dinner was announced. It later settled back near its prior level.
A Nansen analysis published in July found that holders lost a combined $3.81 billion through the end of June. The study tracked nearly 989,000 wallets.
The same report found that about two thirds of TRUMP buyers lost money. Fewer than 500,000 wallets were profitable, with most gains going to early buyers.
Trump’s own financial disclosure reported a $636 million payout tied to the memecoin. The disclosure also listed at least $1.4 billion in total crypto related income.
On the project’s website, two Trump linked companies are listed as owning 80% of the total token supply. That stake is subject to a three year unlocking schedule.
Public Citizen, a nonprofit watchdog group, estimated in August that investors in Trump family crypto projects were $4.7 billion underwater since 2022. The group attributed $3.2 billion of that figure to the memecoin alone.
Senators Raise Ethics and Legal Concerns
Senators Elizabeth Warren, Adam Schiff, and Richard Blumenthal sent a letter after the April dinner asking for details on attendee vetting and financial arrangements. They argued the events create conflicts of interest.
In August, Warren and Blumenthal asked the SEC to investigate whether the token involved fraud or improper insider gains. The agency has not announced any enforcement action tied to the request.
Senator Chris Coons called the November event “corruption” in a post on Bluesky this week.
The dinner announcement follows the Senate’s failure last month to advance the Digital Asset Market Clarity Act. The bill would have set rules for how agencies oversee cryptocurrencies.
Democratic senators said an ethics provision meant to limit officials’ crypto ties was not strong enough. All Democrats present voted against the bill on Sept. 15.
For the November event, organizers have excluded residents of several sanctioned countries, including Russia, Iran, and North Korea. The snapshot determining VIP status will be taken on Nov. 12, with the dinner following ten days later on Nov. 22.
