$Trump Meme Coin surged over 60% on Wednesday after the promotional post teased “the world’s most exclusive invitation.” The announcement offered a private gala dinner with former President Donald Trump to the top 220 buyers of tokens. The event is scheduled for May 22nd at Trump National Golf Club in Washington, DC.
Trump Memecoin is an alternative cryptocurrency, like other digital assets used in trading and speculative transactions. It was released on the Solana Blockchain Network.
The $Trump Coin, launched ahead of Trump’s January 20th inauguration, peaked at $74.59 before crashing to $7.14 on April 7th.
Despite anticipated crashes due to the release of 40 million new tokens, the project’s X (formerly Twitter) account announced a 90-day delay in unlocking tokens, giving the coin a temporary boost.
According to a post on a website promoting cryptocurrency, the top $25 Trump holders will also receive access to “ultra-exclusive private VIP reception with the president” and “special tours.” These rewards are part of a broader initiative to attract supporters and investors through exclusive perks.
The dinner invitation is the latest chapter in the growing involvement of Trump’s family in cryptocurrency. Their ventures include:
World Liberty Financial – New Crypto Exchange
Trump Media & Technology Group’s Pivoting for Crypto Finance
Donald Trump has set himself as a digital finance champion and has promised to become America’s first “crypto president.” His administration has taken steps to reduce code regulations and enforcement. This is a move that some people in the industry have welcomed.
Critics argue that the Trump family’s business interest in cryptocurrencies raises serious ethical issues, particularly given Trump’s impact on industry regulations.
Bitcoin, the world’s largest cryptocurrency, has been stable recently despite tariff tensions. Bitcoin has scored 8.7% in the past week and 6.9% in the past month. SPDRS&P Trust Spy’s weekly gain is 0.7% and monthly gain is 6.7%. Ethereum prices have increased 9.8% over the past week, but have fallen 12% over the past month.
Against this background, simplifying the Bitcoin strategy, revenue ETF Maxi, Solana ETF Solz, Hashdex Nasdaq Crypto Index US ETF NCIQ, FT Skybridge Economy Industry, Digital Economy CRPT and Bitcoin Fund FBTC of loyal and wise origins are covered at a high level of 52 weeks. Several other Bitcoin ETFs are also at the one-month level.
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