Key notes
- The official play by the same Trump jumped 58% after a private announcement for its 220 best holders.
- The volume of negotiations skyrocketed more than 500%, reaching 5.04 billion dollars in just 24 hours.
- Critics accuse Trump of having used access to the White House at the request of fuel for the token.
After watching his coin, the Trump official
ASSET
$ 12.41
24h volatility:
32.7%
COURTIC CAPESSION:
$ 2.48 B
Flight. 24 hours:
$ 5.84 B
Diving almost 90% of his heights earlier this year, US President Donald Trump may have found a new way to boost investors’ interests.
On April 23, Trump Coin’s official website, a cryptocurrency, even launched under the name of Trump, announced that the 220 best holders of the token were invited to an “intimate private dinner” with the president of his Virginia Golf Club on May 22.
Top $ Trump The holders of parts will have a private dinner with President Trump on May 22 at the Beautiful Trump National Club in Washington, DC, it will be a night to remember! THANKS! And have fun!
Click here for more details:
– Trumpmeme (@GettrumpMeMes) April 23, 2025
The 25 best investors will also attend an exclusive reception and a guided tour of the White House.
Trade entities related to the Trump family hold large Trump parts reserves and benefit from transaction costs. A January report revealed nearly $ 100 million in revenues generated by these costs alone during the first days of the medal negotiation.
Trump price overvoltages
The announcement, described as “the most exclusive invitation in the world”, triggered an immediate increase in the Trump price. The token value joined 58% to $ 14.32 on April 23 before cooling slightly.
“The more you have $ Trump – the longer you hold it – the higher your ranking,” explains the official website, describing a period of detention from April 23 to May 12. It encourages large -scale and supported purchases, fueling short -term demand.
The announcement resulted in a frenzy, Trump’s negotiation volume 24 hours a day, increasing by more than 500% to $ 5.04 billion. According to CoinmarketCap Data, the token is currently negotiating around $ 12.50.
Angry criticism
The thrust reversed part of the massive drop in the room from its peak at $ 75.35 in January. However, the invitation of dinner is now examined by opponents and ethical guard dogs.
Critics argue that Trump actually monetizes his political power, providing potential access to the White House in exchange for stimulating the market capitalization of his meme piece.
Senator Chris Murphy (D-CT) described the dinner-investment model “the most corrupt thing that a president has ever made”.
It’s not Trump just Trump. The Trump Coin scam is the most corrupt thing that a president has ever made. Not close.
– Chris Murphy 🟧 (@chrismurphyct) April 23, 2025
Another X DDay user said on X that it could well be “far from the field of presidential functions (of Trump) and subject to legal appeal”.
I am not a lawyer, but I would say that it could be a long path outside the RHELM of its presidential functions and subject to a legal appeal.
– DDAY (@ dDay1152862) April 23, 2025
Legislators as the president of the house’s financial services, Frank Hill (R-AR), have publicly admitted that Cryptographic Transactions of Trump complicate legislative efforts.
In particular, the Trump play is not Trump’s only crypto business. Last fall, he and his sons launched World Liberty Financial (WLFI), who claims to have sold 550 million tokens.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
