Trump is faced with a counter reaction because of Memecoin connection to the White House

Trump is faced with a counter reaction because of Memecoin connection to the White House


A recent decision by US President Donald Trump, the greatest owners of his personal cryptocurrency with an exclusive invitation to a dinner in the White House, has caused sharp criticism from both sides of the political spectrum, including republicans.

The controversy revolves around Trump's Memecoin, which was introduced in January 2025 and promised selected owners the opportunity to dine with the president and visit the White House. The offer announced on April 23 was critically questioned due to the blurring of ethical limits and caused concerns about monetization of access to politicians.

Senator Cynthia Lummis was one of those who expressed her concern. Although she later praised Trump for his support for Bitcoin-friendly legislation in the Senate, she also questioned the appropriateness of the offer to grant access to the White House in exchange for cryptocurrency stocks. Her Statements followed by those of her republican colleague Lisa Murkowski, who compared this gesture with the sale of guided tours by the Capitol and described it as inappropriate.

The Memecoin initiative, which was launched just a few months after Trump's re-election, has already become a wave of criticism. Ethics supporters and legislators argue that it opens a direct financial way to influence. Craig Holman, political expert at Public Citizen, described the project as a clear violation of public trust and described it as a situation in which “a meme can buy access to the president”.

The democratic senator Jon Ossoff continued and publicly called for an office. During a citizens' meeting on April 25, he condemned the initiative as a form of “access to payment” and warned of possible conflicts of interest and violations of the campaign financing regulations.

Despite the counter -reactions, Trump's team has not yet clarified who will take part in the event planned for May 22nd. The speculation continues, online detectives search the rankings of the Memecoin wallets and suspect that top-class supporters such as Justin Sun or Elon Musk could be involved-although neither parties have confirmed a participation.

Meanwhile, Trump's support for the Bitcoin Act, which provides for the creation of a strategic national crypto reserve, has applauded in parts of the digital asset community. However, the mixing of political influence and personal crypto business continues to raise questions regarding transparency, ethics and the developing relationship between the government and the digital financial industry.


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Jayd Johnson

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