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Trump's Meme Coin Leaderboard Scam
- Trump's gala dinner creates a leaderboard ranking the top 220 meme coin holders, rewarding them with an exclusive dinner with him.
- This scheme directly enriches Trump by drastically inflating meme coin prices due to the introduced perks.
Unprecedented Transparency in Corruption
- Trump’s direct profiteering from meme coin sales is more transparent and audacious than scandals from prior administrations.
- Rather than hiding payoffs, Trump displays a leaderboard showing who pays him most, throwing ethics to the wind.
Incentives to Sustain Coin Value
- The scheme cleverly incentivizes holding the coin with the promised dinner, supporting price stability or increase.
- This may facilitate Trump’s ability to cash out large sums without crashing the coin value drastically.