More $Trump memecoin

 The way a meme coin typically works is:

1. Someone achieves some notoriety for something, or exploits some notoriety they already have. They seek to monetize this notoriety.
2. They use one of any number of meme coin generators and choose a blockchain.
3. They generate a pot of, say, ten million coins, and release, say, four million onto the block chain with a LOT of fanfare and a lot of, basically, b.s. about building a community, adding value, etc. They keep the other six million coins. The reputable thing to do is to "lock up" most or all of the six million coins for some period. If they simply sell into the initial wave of buyers and walk away, this is known as a "rug pull" and, while it's considered unseemly at best and results in a ton of howling and shedding of crocodile tears, this is often what happens. See &Hawk for a good example.
4. As the lockup period's end approaches, the originators have to create some additional fanfare to drive the price up or back up.
5. The originators sell into the market at the increased price.
6. End of story - a bunch of people have a bunch of worthless meme coins, less money, and a sad story to tell. The originators have a bunch of money and can move on to the next scam event.

In essence, this is the story of the $Trump con coin. There is a lockup period end coming, the price of the coins has declined, so the Trump organization needs some razzle dazzle around the coins. So, to boost demand, Trump will be hosting an "intimate private dinner," for the top "220 Special $Trump Meme Coin Holders" (as shown on a "leader board,") that is, in order to have dinner with the President, you must have or purchase sufficient $Trump coins to be in the top 220 holders. For the top 25, there is a reception and White House tour. Clearly. a great way for the Trump organization to boost the price into which they sell their locked up coins, and a great way for Trump sycophants supporters to bribe him throw cash his way. Note that the coin rose some 60% in "value" after the dinner was announced.

In very small print, we see "This Tour is being arranged by Fight Fight Fight LLC. President Trump is appearing at the dinner as a guest and not soliciting any funds for it." No, he needn't do so since the increase in value of the coins his organization holds will provide plenty of cash.

It's always been obvious that Trump is completely lacking in any moral compass or sense of right and wrong (at least where his own behavior is concerned, he's certainly willing to lash out at others). I wouldn't have thought, though, that he could continuously reach new depths of self-serving behavior.

As I quoted someone in my previous $Trump coin blog post, we voted for corruption, and Trump is delivering. As MAGAVoice constantly prattles on X, née Twitter, "Promises made, promises kept."