Whale Gambles Big on Trump Dinner – and Loses Millions
08.05.2025 10:00 1 min. read Alexander Stefanov
A cryptocurrency trader reportedly lost $2.8 million in an hour after purchasing 1.39 million TRUMP tokens, aiming to secure a spot at an exclusive gala dinner with President Donald Trump.
The event, scheduled for May 22, 2025, is open to the top 220 TRUMP token holders, with additional perks for the top 25.
The trader’s investment, valued at $17.8 million, plummeted shortly after the transaction, highlighting the risks associated with speculative investments tied to high-profile events.
Following the announcement of the dinner, the TRUMP token experienced a significant surge, with its value increasing by over 70%.
This surge was driven by investors aiming to climb the leaderboard and secure an invitation.
However, the token’s price has since seen volatility, emphasizing the unpredictable nature of such investments.
While some traders have profited from the token’s fluctuations, others have faced substantial losses.
The incident underscores the importance of due diligence and caution when investing in assets influenced by celebrity endorsements or exclusive events.
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