President Donald Trump Cryptocurrency Meme Coin grew on Wednesday after a message on the site that promoted it, announced that leading owners would have access to a private dinner with the president next month.
A $ Trump MEM coin On Wednesday, more than 60% rose after the post announced the “most exclusive invitation in the world” promised 220 buyers to a private hollower with the President on May 22 in Trump’s national golf club in Washington, Columbia County
In addition, the 25 best owners will receive “ultra exclusive private VIP -receiving with the president” as well as a “special tour”, the report said.
To be eligible, visitors must be in the top -220 average Trump owners from April 23 to May 12; The background check must be taken; cannot be from the country on the KYC laundering hours; and cannot lead the guest.
Trump Media and Crypto.com Partner on ETF Offer
President Trump has promoted the efforts of his administration to raise the crypto -branch. (Brett Carlsen / Bloomberg via / Hetti Image)
The $ Trump dinner’s conditions say “President Trump may not be able to be present,” but the winners will receive a limited Trump lacking marker (NFT).
On the site, the promotion of the solemn dinner, together with the president for the largest coin owners, is the last in a series of enterprises related to the crypto that Trump and his family have started over the last year.
These Crypto -projects Turn on the new Crypto Exchange World Liberty Financial, while Trump Media & Technology Group, in which the president has $ 3 billion, also starts Crypto Finance.
Trump promises to make us “undeniable superpower Bitcoin and krypto -the world”
Last year, Trump and his family were pursued by several crystals. (Brett Carlsen / Bloomberg via / Hetti Image)
Trump campaigned by managing as a “crypto -president” and made the United States “superpowered in the world”. From the moment of taking office, its administration sought to reconsider regulatory modes having oversee the new industry.
Critics have expressed concern that the connection between the president with different enterprises of cryptocurrencies could open the door for conflicts of interest and influence the analysis.
Trump creates a bitcoin strategic reserve, other cryptocurrencies to be used in stock
Trump’s coin coin began before the inauguration. (Hakan Nural / Anadolu via / Getti Image)
Tony Cork, Executive Director Plant.us, A state ethics The WatchDog Group said about the announcement that “it was never a more clear case of the president who uses his office to put money in his pocket or more potential for special interests to gain the benefits of the administration that may threaten public interest.”
Anna Kelly, Deputy Press Society of the White House, said Reuters: “President Trump’s assets are in trust that his children are managing. There is no conflict of interest.”
The $ Trump coin, which was launched before the president’s inauguration on January 20, rose to $ 74.59 before falling to $ 7.14 on April 7. It grew above $ 14 during an overload this week and has since spent some of these income, trading about 12.24 as at noon on Thursday. Crypto Analytics firm Chenkalysis found that as of March 12 the coin created at least $ 350 million for subjects related to the president.
Get the Fox Business on the go by clicking here
As recently last week, Crypto Watchers expected Trump’s coin to collapse when 40 million new tokens had to unlock. However, Meme Coin said that the unlock will be delayed for another 90 days on Wednesday.
Reuters contributed to this report.
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/07/0/0/Trump-bitcoin-conference.jpg?ve=1&tl=1
2025-04-24 17:53:00
