The $TRUMP token dropped by 7% on Saturday morning, hours after President Donald Trump hosted a black-tie gala at his Virginia golf club. The event was held for holders of his meme coin, who collectively spent $148 million just to attend.

A black-tie gala thrown for the top 220 buyers of Donald Trump’s meme coin Thursday night at his Virginia golf club featured the president flying in on Marine One and speaking at a lectern emblazoned with the presidential seal,

MSNBC political analyst Cornell Belcher joins MSNBC reports' Chris Jansing and reacts to President Donald Trump's crypto meme coin dinner. Trump held a private event for 220 crypto investors who had bought into his meme coin,

As people began arriving for the event, the price of $TRUMP dropped suddenly by about 6%, indicating a significant sales volume, before stabilizing.

President Donald Trump addressed top investors in his family’s cryptocurrency operation on Thursday night from a podium emblazoned with the presidential seal in apparent violation of federal law.The prominent appearance of the seal as Trump pitched his $TRUMP meme coin at an exclusive dinner at one of his golf courses made it appear that the federal government was somehow linked to the private business.

President Trump's gala golf club dinner for top investors in his meme coin disappointed some who had spent handsomely to get into the room.

President Donald Trump has hosted top investors for one of his cryptocurrency projects at his luxury golf course in Northern Virginia.

Live updates and the latest news as Trump addresses his meme coin investors and DHS blocks Harvard international student enrollments.