The room even $ Trump increased by more than 60% Wednesday after a promotional article teased “the most exclusive invitation in the world“The announcement offered a private gala dinner with former president Donald Trump to the 220 best buyers of the token. The event is scheduled for May 22 at the Trump National Golf Club in Washington, DC
What is the room even Trump?
The piece even Trump is a fungible cryptocurrency, similar to other digital assets used for transactions and speculative trading. He was launched on the Blockchain Solana network.
The corner of $ Trump, which was launched before the inauguration of Trump on January 20, reached a peak of $ 74.59 before crashed at $ 7.14 on April 7.
Despite the expectations of an accident due to a planned outing of 40 million new tokens, the X account (formerly Twitter) of the project announced a period of 90 days in unlocking the tokens, giving the part a temporary boost.
VIP access and exclusive experiences for the best holders
According to the post on a website promoting cryptocurrency, the 25 best Trump holders will also have access to an “ultra-exclusive private VIP reception with the president” and a “special visit”. These awards are part of a broader initiative to initiate supporters and investors through exclusive advantages.
The Trump family deepens the involvement of cryptography
The invitation to dinner marks the last chapter of the growing participation of the Trump family in the cryptocurrency. Their companies include:
World Liberty Financial – A new Crypto exchange
Trump Media & Technology Group pivot towards cryptographic finance
Trump’s commitment: “The first president of American cryptography”
Donald Trump positioned himself as a champion of digital finance, promising to become the first American “president of cryptography”. Its administration has taken measures to reduce the regulations and application of cryptography, a decision well received by some in industry.
Critics argue that the Trump family’s trade interests in cryptocurrency raise serious ethical questions, in particular given Trump’s influence on industry regulations.
Cryptocurrency
Bitcoin, the largest cryptocurrency in the world, was stable despite the pricing tensions. Bitcoin won 8.7% last week and 6.9% last month against SPDR S&P 500 ETF Trust (SPY – Free report) weekly gain of 0.7% and monthly drop by 6.7%. Ethereum prices won 9.8% last week, although it lost 12% last month.
In this context, Simplify the Bitcoin Plus Plus Revenue Strategy (Maximum – Free report), ETF Solana (Solz – Free report), Hashdex Nasdaq Crypto index and USF index (Nciq – Free report), FT Skybridge Crypto Industry and Digital Economy (Crpt – Free report) and Fidelity Wise original Bitcoin Fund (FBTC – Free report) oscillated around a high level of 52 weeks. Several other ETF Bitcoin are also at the level of the month.
During the last month, the Maxi, Solz, NCIQ and FBTC ETF displayed gains of 11.4%, 3%, 3.1%and 6%, respectively. On the other hand, the ETF CRPT decreased by 1.5%.
