Polymarket Tracker: Trump Faces Possible 3rd Impeachment
2min read Trump Faces Impeachment Risk Over Crypto Dinner Scandal as Polymarket Odds Rise
A political storm is brewing in Washington as U.S. Senator Jon Ossoff publicly voiced support for impeaching President Donald Trump during an April 25 town hall meeting in Georgia. The Democratic senator cited a controversial crypto-linked event—a private dinner for top holders of the "TRUMP" meme coin—as a potential abuse of presidential power, calling it a "clear-cut impeachable offense."
“When the President of the United States essentially sells access to political influence through a cryptocurrency event, it is no different than accepting direct payment,” Ossoff stated, according to NBC News.
💰 The TRUMP Coin Controversy
Just two days earlier, the official website for the TRUMP meme coin announced plans for an exclusive dinner event at Trump’s Washington D.C. golf club for the top 220 holders of the digital asset. The website also published a real-time wallet leaderboard and opened registration for attendees. Following the announcement, TRUMP coin surged over 50%, according to CoinMarketCap, signaling intense speculation tied directly to political access.
Though the Trump campaign denied social media rumors claiming a $300,000 minimum token threshold for attendance, the backlash intensified. Organizers clarified that such claims misrepresented on-chain wallet rankings, which include exchange and custodial wallets not eligible for participation.
⚖️ Legal and Ethical Fallout
Legal analysts have raised red flags over Trump’s involvement in crypto-related ventures, including the meme coin and its affiliated DeFi protocol, world liberty financial.
“He has signed several executive orders affecting the digital asset space just days into his presidency. If those decisions offer personal financial benefit, that’s a textbook conflict of interest,” said Charlyn Ho, a legal analyst at Rikka Law, in an earlier interview with Cointelegraph.
Despite the controversy, political realities may delay formal impeachment proceedings. Ossoff acknowledged that unless Democrats regain control of Congress in the 2026 midterms, the chances of impeachment advancing remain slim. At present, Republicans hold majorities in both chambers.
📊 Polymarket Data: Impeachment Odds on the Rise
In response to these developments, prediction market platform Polymarket has recorded heightened trading activity on the question: “Will Trump be impeached in 2025?” As of now, the probability sits at 11%, up 2% from earlier in the week, with total volume exceeding $225,000.
The spike reflects growing market uncertainty, as traders weigh the political and legal implications of Trump's dual role as President and crypto promoter. The accompanying image—Trump proudly holding a newspaper with the “ACQUITTED” headline—adds a symbolic twist, reminding observers of his previous impeachments and Senate acquittals.
🧩 What’s Next for TRUMP Coin and the Presidency?
While TRUMP coin remains highly volatile, up more than 50% in the past week but still down 84% from its all-time high, its entanglement with presidential activities presents a unique challenge. As crypto and politics continue to intersect, analysts caution that the lines between marketing, governance, and personal gain are becoming dangerously blurred.
For investors and voters alike, the TRUMP coin saga is more than just a meme—it’s a case study in how emerging technologies can collide with traditional governance, ethics, and market dynamics.
