川普币圈晚宴：百名抗议者，川普来去匆匆，“榜一大哥”孙宇晨风头出尽

Core Viewpoint - The article discusses a controversial event called "Trump Coin Night," held at Trump's golf club, highlighting the intersection of politics and cryptocurrency, particularly focusing on the involvement of major crypto figures like Sun Yuchen and the implications for the crypto industry [1][2][3]. Group 1: Event Overview - The event was attended by 220 major holders of "Trump Coin," with the top 25 receiving VIP meeting opportunities with Trump [1]. - Sun Yuchen, founder of TRON, was the center of attention, receiving a $100,000 Trump-branded watch during the event [2]. - Trump's speech criticized the Biden administration's stance on cryptocurrency and promised to make the U.S. the "crypto capital of the world" [3]. Group 2: Ethical Concerns and Protests - The event faced ethical scrutiny, with protesters outside the venue chanting against perceived corruption in cryptocurrency [8][11]. - Senator Jeff Merkley labeled the dinner as "the peak of corruption," and there were concerns about potential violations of federal gift regulations [13][14]. Group 3: Financial Implications - Over $148 million has been invested in Trump Coin to secure dinner seats, with 80% of the coin controlled by Trump's family and associated entities, valued at over $10 billion [15][16]. - The transaction fees from Trump Coin have reportedly generated over $300 million for insiders, with Trump's entities potentially earning up to $100 million from these fees [16]. Group 4: Market Dynamics - Trump Coin experienced a significant price drop of approximately 80% from its January peak, indicating high volatility and speculative nature [18]. - The article suggests that only a small group of early investors profited, while many ordinary investors faced substantial losses, characterizing Trump Coin as a typical meme coin reliant on hype and celebrity influence [19].