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The company behind US President Donald Trump’s meme coin has launched a competition giving participants an opportunity to attend “the most exclusive dinner in the world” — all they have to do is buy a digital token with no inherent value that has lost investors billions of dollars while further enriching the president.

The Washington Sun reported Thursday that winners of the competition, held by CIC Digital and Fight Fight Fight LLC, “will be chosen based on a formula that seems designed in part to increase sales of $TRUMP in the next two months.” The event invite promises the top 185 holders of the meme coin an evening with three unidentified “legends” and Trump, “plus a private meet and greet with a legend yet to be announced,” at the president’s golf club in Virginia.

The November 22 dinner will mark the second exclusive event for holders of Trump’s meme coin,........

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