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These are the ethical concerns surrounding Trump’s private meme-coin dinner tonight - MarketWatch

1. Trump hosts dinner for top $TRUMP token holders amid ethical concerns. 2. Total spending by holders exceeds $140 million, indicating strong interest. 3. Legislation proposed to prevent conflicts of interest in cryptocurrency. 4. Concerns arise over foreign oligarchs buying Trump's meme coin. 5. Upcoming dinner labeled as a major crypto event, drawing scrutiny from officials.

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FAQ

Why Bullish?

Strong interest and significant spending suggests bullish sentiment for $TRUMP. Historical trends indicate similar events often lead to increased token demand.

How important is it?

The article outlines direct transactions and significant investments that can influence $TRUMP's value greatly.

Why Short Term?

Immediate effects expected from the dinner event; long-term effects depend on regulatory outcomes.

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