Solana Meme Coin Introduced During Trump Crypto Dinner — Flop

Exclusive Dinner for Top Holders

Last Thursday, top holders of President Trump’s official meme coin were invited to an exclusive dinner. This event was not just any gathering; it attracted attention with a spectacular setting where crypto enthusiasts and prominent investors came together. The swanky dinner cost the “VIP” attendees an average of $4,8 million in TRUMP tokens.

The Unexpected Token Launch

During the President's speech, one attendee decided to get creative and launched his own Solana meme coin, called Trump Dinner (DINNER), via Pump.fun. The evidence of this action was immediately shared in a Telegram group, which fueled the excitement. The token initially peaked at $450.000 in market cap, but the excitement was short-lived.

The Dramatic Course

What followed was a major drop in the token’s value, causing investors hoping for a profit to see their money evaporate. Many holders even called the developer a “scammer” and demanded justice. As one user put it: “What do you need 10 percent for? Lmao,” referring to the fact that the developer controlled almost 10% of the total supply.

Trust the Test?

The reason for the coin’s failure was two crucial red flags. First, the developer controlled an unacceptably high percentage of the total supply. Second, 44% of the tokens were spread across multiple wallets, giving the impression that no single party had too much control. This raised suspicions among investors, resulting in a crash of a whopping 89% in a matter of minutes.

His Promise of Better Times?

In an attempt to assuage the community’s concerns, the developer offered to transfer some of his tokens to the official TRUMP wallet, but instead sent them to his own wallet. This led to spikes and then sharp drops in the token’s value, further exacerbating the turbulent situation. “Coin is a scam lmao,” one participant complained in the Telegram group.

Loss of Trust

Frustration among investors was growing rapidly. Many took to social media to voice their displeasure, with one trader calling for action: “Find this dude, he has [$4.000 worth of SOL] stolen from me.” Confidence in the project had completely disappeared.

The End of DINNER?

Ultimately, DINNER’s market cap shrank to a mere $14.350, a 92,5% drop from the already disappointing highs earlier in the event. “Did you buy DINNER coin?” the developer asked in the final video posted to Telegram, but given the token’s current state, most buyers were far too late.

“Who knew a dinner party would cause so much chaos?” It’s a reminder that the crypto market is full of surprises.

Their words are now an echo of disappointment in the crypto world.

Frequently Asked Questions

What was the market cap of the DINNER token at its peak?
The DINNER token reached a market cap of $450.000.

Why did investors get the idea that the development of the token was risky?
One of the main concerns was that the developer held almost 10% of the total supply, which is unusually high and raised suspicions.

How much value does the DINNER token have now?
Currently, the DINNER token has dropped to a market cap of $14.350, a 92,5% drop from its old highs.