The invitation to the dinner, which is set to take place on May 22 at Trump’s private National Golf Club in Washington, DC, was announced on the meme coin’s official website. The site also mentioned that the top 25 token holders would be welcomed for a reception and a special VIP tour of the White House.
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Nasdaq, Wall Street's tech-heavy index known to be positively correlated to bitcoin, has dropped 11% since President Donald Trump on Wednesday announced reciprocal tariffs on 180 nations, escalating trade tensions and drawing retaliatory levies from China.
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More importantly, Chairman Jerome Powell downplayed fears about the inflationary impact of Trump's tariffs, calling it transitory.
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