Trump’s $TRUMP memecoin is preparing to launch a “Coin Club” membership scheme

The $TRUMP memecoin project is preparing to launch a "$TRUMP Coin Club," a membership scheme whose website describes "invitation-only luxury suites at the biggest sporting events in the world, private dinners, and the most elite and extraordinary experiences." The club has not launched yet, and its website shows a token holder leaderboard that the author says appears designed to rank members by the amount and duration of their holdings, despite fine print stating that no holdings are required. The token is reported to be down 97% from its peak, and the author expects the new club to draw scrutiny like earlier events, which Congressional Democrats have already criticized.