Fifty of the $TRUMP memecoin dinner invitees hold crypto assets named for Pepe the Frog, which is known as an alt-right symbol, as well as swastikas, a racial slur and references to anti-semitic ideology, according to an analysis by CREW, adding to concerns raised by the dinner, which represents a naked attempt by President Donald Trump to profit from his office. The dinner, promoted on the $TRUMP website as “[t]he most EXCLUSIVE INVITATION in the World,” is scheduled to take place on May 22 at the Trump National Golf Club in Sterling, Virginia. The top 220 time-weighted holders of $TRUMP between April 23 and May 12 have won invitations to the event, pending background checks, and the top 25 of those will be granted additional access through an “exclusive reception” with the president before the dinner and a “VIP tour,” reportedly taking place at the White House. $TRUMP is hosted on Solana, one of several blockchains that allow users to mint and name their own coins. These highly volatile tokens, which tend to depreciate in value, often generate trader interest by referencing popular memes and cultural events. Many of the wallets ranked on the Trump leaderboard hold dozens of these so-called memecoins. The most wallets on the list, 45 in all, held assets named for Pepe the Frog as of May 12—the day winners were finalized—but holdings may have changed since they were analyzed
via citizensforethic: 50 Trump crypto dinner invitees hold tokens linked to alt-right symbols and racist language