In a reenactment of 2025, the top holders of US President Donald Trump’s meme coin “Official Trump” (playing cards), will gather for a private event that many critics describe as selling access to the president.
On Saturday, President Trump and up to 297 memecoin holders will meet at the presidential Mar-a-Lago property in Florida. According to the project behind Memecoin, attendees include Paolo Ardoino, CEO of stablecoin issuer Tether, Chi-Hyun Sung, founder and CEO of cryptocurrency exchange Upbit, and Bitcoin (BTC) proponent Anthony Pompliano, Anchorage Digital co-founder and CEO Nathan McCauley, and many other figures involved in financial institutions, cryptocurrencies, and blockchain.
sauce: GetTrumpMemes.com
Remarkably, however, there was no official statement confirming the appearance of Tron founder Justin Sun, a prominent supporter of the president, an investor in the Trump family’s cryptocurrency business World Liberty Financial, and a TRUMP holder who is at the top of the memecoin project’s leaderboard with 2.4 billion points.
Cointelegraph contacted a spokesperson regarding Sun’s possible attendance at the luncheon, but did not immediately receive a response.
This week the Sun headlined announce a lawsuit Against World Liberty, the cryptocurrency platform co-founded by President Trump’s sons froze his tokens and threatened to burn them “without proper justification.”
Although Tron’s founders have publicly stated that they are “avid supporters” of President Trump, “some individuals on the World Liberty Project team have been operating the project in a manner that is contrary to President Trump’s values.”
Related: President Trump offers memecoin holders another celebration to lift tokens off their lows
“The only thing more ridiculous than this lawsuit is spending $6 million on a banana duct-taped to a wall.” said World Liberty co-founder Eric Trump mentioned that in November 2024, the Sun purchased a work of art called Comedian, which the Tron founder later ate.
Sun attended a similar dinner in May 2025 for TRUMP meme coin holders, along with Synthetix founder Kain Warwick, Kronos Research chief investment officer Vincent Liu, and others. Cryptocurrency user Morten Christensen attended last year’s dinner to invest $1,200 in Memecoin and reportedly won a seat at Saturday’s event for about $500.
“President Trump’s favorability ratings are much lower now than they were after he took office.” said Christensen, as reported by Bloomberg. Now, with tariffs in place year-round, cryptocurrencies are bleeding, and his reputation within the crypto community isn’t all that great. ”
Second meme coin event raises eyebrows among lawmakers, interest groups
Saturday’s lunch is drew criticism from many members of parliament.said Trump has “dangerous access” to the presidency and that some organizations are monitoring him for potential conflicts of interest.
“(Trump)-affiliated crypto wallets engage in financial operations that make it difficult or impossible to track how much Trump is profiting from the proliferation of transactions.” said the Washington nonprofit Citizens for Responsibility and Ethics said in a BlueSky post on Friday. “But what we do know is that even though the value of President Trump’s coin has declined since it was first issued, he can still make huge profits by charging a small fee on each transaction. The more people buy and sell, the more money President Trump can make.”
Since its launch days before Trump was sworn into office in January 2025, the price of the TRUMP token has fallen more than 93% from an all-time high of around $45 to less than $3 at the time of publication.
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