Trump meme coin buyers vie for dinner with the president. Many appear to be overseas.

Updated on: October 14, 2026 / 9:40 AM EDT / CBS News

Trump meme coin buyers vie for dinner with the president. Many appear to be overseas.

TL;DR

  • Over half of the top holders of the $TRUMP meme coin vying for a seat at a presidential dinner appear to be based overseas.
  • Many of these holders utilized cryptocurrency exchanges, such as Binance, Bybit, and MEXC, which prohibit U.S. customers.
  • The $TRUMP meme coin has generated at least $635 million in royalties for President Trump from a licensing deal.
  • Concerns have been raised by Democrats and watchdog groups about potential foreign influence and access to the president through the meme coin.
  • The value of the $TRUMP coin has dropped over 95% since its peak in January 2025.