Binance Square

Trumpmemecoinprice

769 views
2 Discussing
CoinGabbar
--
Trump Meme Coin Sparks Foreign Influence and Security FearsWith the Trump meme coin dinner already looming on the horizon, nearly everyone at the top of the invitation list is likely to be outside the USA. Many of the biggest holders of the $TRUMP seem to be using wallets linked to international crypto exchanges like Binance that don't serve American customers. The coin was launched in January just before the inauguration and rocketed to a $15 billion market cap within moments, boosted by President's posts on Truth Social and X stating, "It's time to celebrate everything we stand for: WINNING! ".But within days, the token lost most of its value. A small rebound in April witnessed it jump 50% on the news of dinner, taking its market cap to $2.7 billion, before it fell again.So dinners are a means to bring the coin into popularity. Anonymous Wallets Raise Big Questions On May 22, U. S. President is to have a private dinner with the 220 top holders of the tokens. The event will take place at his Virginia Golf Club near Washington, D.C. most wallet holdings of the most trump meme coin are anonymous.This makes it hard to know who these investors really are, or why they bought in. buying these digital currencies  gave them a seat at the dinner table with the President. Data from blockchain research firm Inca Digital shows that many top wallets are tied to overseas exchanges like Binance, which does not serve the U.S. customers. It strongly indicates a lot of the leading holders are not Americans. Most Top Holders Likely Not Americans Bloomberg’s analysis found that 19 of the top 25 wallets are probably owned by people outside the U.S. This has raised concerns about who might be trying to gain influence in President’s circle through the meme currency. One of the most talked about holders is Justin Sun, the China born founder of the Tron blockchain.  He openly purchased $75 million worth of other linked tokens and is said to have the most Trump meme coin. Sun is also negotiating with the SEC for civil fraud charges. A wallet known as "Sun" is said to contain more than $18 million of $TRUMP, adding $4.5 million shortly after the dinner event was announced. Many believe this wallet belongs to Justin Sun, though his team has not confirmed it. Singapore and Australia Join the Leaderboard MemeCore, a crypto group from Singapore, pushed hard to earn a dinner invite and ended up in second place with $18 million in Trump meme coin. Reports also say an Australian crypto investor made it into the top 220. Highs and Lows The Trump meme coin has been very up and down. Inca Digital shared that over 560,000 wallets made $5.2 billion in profits. But even more wallets, nearly 593,000, lost a combined $3.9 billion. This shows just how risky this has been. Blockchain firms Chainalysis and Elliptic were tracking the U.S. President's linked DeFi currency at first. But after a report showed huge losses by many wallet holders, the firm said they were too busy with other clients to continue analyzing it. Lawmaker Sounds Alarm Over Foreign Influence Senator Richard Blumenthal warned that the President's growing crypto ties, especially through the Trump meme coin, could open a backdoor for foreign and business interests to reach him without the public knowing. Control of the Coins Approximately 80% of the supply of Trump meme coins is held by his own company and its allies. The coin has become the centre of his crypto brand and financial power in the digital space. The White House responded that Trump's crypto holdings are in a trust managed by his children, and there is "no conflict of interest" with regard to the the U.S President's crypto currency. Crypto Risks Rises The Trump meme coin illustrates the way political leaders going into crypto can attract international attention and funds but at the risk of foreign control and market volatility. Combined with incidents like the recent Coinbase hack in which users lost money as a result of a hack, it indicates the imperative to have tighter rules and investor protections within crypto. visit- CoinGabbar #TrumpMemeCoin #BTC #TrumpMemeCoinPrice #DonaldTrumpMemeCoin

Trump Meme Coin Sparks Foreign Influence and Security Fears

With the Trump meme coin dinner already looming on the horizon, nearly everyone at the top of the invitation list is likely to be outside the USA. Many of the biggest holders of the $TRUMP seem to be using wallets linked to international crypto exchanges like Binance that don't serve American customers.
The coin was launched in January just before the inauguration and rocketed to a $15 billion market cap within moments, boosted by President's posts on Truth Social and X stating, "It's time to celebrate everything we stand for: WINNING! ".But within days, the token lost most of its value. A small rebound in April witnessed it jump 50% on the news of dinner, taking its market cap to $2.7 billion, before it fell again.So dinners are a means to bring the coin into popularity.
Anonymous Wallets Raise Big Questions
On May 22, U. S. President is to have a private dinner with the 220 top holders of the tokens. The event will take place at his Virginia Golf Club near Washington, D.C. most wallet holdings of the most trump meme coin are anonymous.This makes it hard to know who these investors really are, or why they bought in. buying these digital currencies
 gave them a seat at the dinner table with the President.
Data from blockchain research firm Inca Digital shows that many top wallets are tied to overseas exchanges like Binance, which does not serve the U.S. customers. It strongly indicates a lot of the leading holders are not Americans.
Most Top Holders Likely Not Americans
Bloomberg’s analysis found that 19 of the top 25 wallets are probably owned by people outside the U.S. This has raised concerns about who might be trying to gain influence in President’s circle through the meme currency.
One of the most talked about holders is Justin Sun, the China born founder of the Tron blockchain.  He openly purchased $75 million worth of other linked tokens and is said to have the most Trump meme coin. Sun is also negotiating with the SEC for civil fraud charges. A wallet known as "Sun" is said to contain more than $18 million of $TRUMP, adding $4.5 million shortly after the dinner event was announced. Many believe this wallet belongs to Justin Sun, though his team has not confirmed it.
Singapore and Australia Join the Leaderboard
MemeCore, a crypto group from Singapore, pushed hard to earn a dinner invite and ended up in second place with $18 million in Trump meme coin. Reports also say an Australian crypto investor made it into the top 220.
Highs and Lows
The Trump meme coin has been very up and down. Inca Digital shared that over 560,000 wallets made $5.2 billion in profits. But even more wallets, nearly 593,000, lost a combined $3.9 billion. This shows just how risky this has been.
Blockchain firms Chainalysis and Elliptic were tracking the U.S. President's linked DeFi currency at first. But after a report showed huge losses by many wallet holders, the firm said they were too busy with other clients to continue analyzing it.
Lawmaker Sounds Alarm Over Foreign Influence
Senator Richard Blumenthal warned that the President's growing crypto ties, especially through the Trump meme coin, could open a backdoor for foreign and business interests to reach him without the public knowing.
Control of the Coins
Approximately 80% of the supply of Trump meme coins is held by his own company and its allies. The coin has become the centre of his crypto brand and financial power in the digital space. The White House responded that Trump's crypto holdings are in a trust managed by his children, and there is "no conflict of interest" with regard to the the U.S President's crypto currency.
Crypto Risks Rises
The Trump meme coin illustrates the way political leaders going into crypto can attract international attention and funds but at the risk of foreign control and market volatility. Combined with incidents like the recent Coinbase hack in which users lost money as a result of a hack, it indicates the imperative to have tighter rules and investor protections within crypto.

visit- CoinGabbar

#TrumpMemeCoin #BTC #TrumpMemeCoinPrice #DonaldTrumpMemeCoin
Senator Ossoff Slams Trump Memecoin Dinner as Impeachable MoveTrump Memecoin Gala Dinner Triggers New Impeachment Demands In a fiery town hall on Friday, Georgia Senator Jon Ossoff criticized President Donald Trump’s recent memecoin-linked event, saying it could be an “impeachable offense.” The senator’s comments have reignited debate over his ties to cryptocurrency and how they may conflict with his duties. Gala Dinner for Memecoin Buyers The controversy began after the TRUMP memecoin team announced that the top 220 token holders would be invited to a special gala dinner with the President at his golf club in Virginia on May 22.  More exclusive than this, he announced that top 25 investors will be treated as VIP guests, which will include a private reception with the President and a tour of the White House.  After this announcement the price of the Trump memecoin surged more than 40%, which resulted in increasing the president’s own crypto holdings.   As per the reports, he and his fellow holders hold around 80 percent of the coin in the supply, which is now worth more than $10.8 billion. The coin is currently trading at $14.83 as per CoinMarketCap.  Senator Ossoff: "This Looks Like Bribery" Senator Ossoff, a Democrat, said the President is using his position to sell access — and that this crosses the line. Ossoff said, "when the current President of the U.S. is distributing access for things which are going directly to him, there is no question of an impeachable offense level”. His comments were shared online by local political reporter Greg Bluestein. While he does not directly profit from every token sale, critics argue that increased demand for the token raises its value, and therefore enriches him. That, they say, creates a conflict of interest and opens the door for potential bribery. “He is granting audiences to people who purchase the memecoin that directly enriches him,” Ossoff added. Ethics Concerns Around Trump’s Crypto Push This isn’t his first crypto controversy. Since re-entering office, he has supported pro-crypto legislation and appointed regulators friendly to digital assets. At the same time, he and his family have become deeply involved in crypto ventures. These include: A stablecoin company called World Liberty FinancialCrypto exchange-traded funds (ETFs)A Bitcoin mining business Two memecoins, including TRUMP and one named after the First Lady Ethereum co-founder Vitalik Buterin and other critics have voiced concerns that his crypto actions benefit him personally while he holds public office. Could Trump Be Impeached Again? Trump has already encountered impeachment two times in his first term of presidency, although both times he was released by the Senate.  While Ossoff says the latest memecoin dinner is enough to start new impeachment talks, the political reality makes it unlikely, at least for now. "The only way to get what you want is to have a Democratic majority in the US House of Representatives," Ossoff said in his speech, adding that Republicans now hold the House and won't be approving another impeachment. As he continues to push for America to become a “Bitcoin superpower,” his crypto dealings remain under intense scrutiny, both politically and ethically. Visit: CoinGabbar #TrumpMemecoin #TrumpMemecoin #Trumpmemecoingala #Trumpmemecoinprice

Senator Ossoff Slams Trump Memecoin Dinner as Impeachable Move

Trump Memecoin Gala Dinner Triggers New Impeachment Demands
In a fiery town hall on Friday, Georgia Senator Jon Ossoff criticized President Donald Trump’s recent memecoin-linked event, saying it could be an “impeachable offense.” The senator’s comments have reignited debate over his ties to cryptocurrency and how they may conflict with his duties.
Gala Dinner for Memecoin Buyers
The controversy began after the TRUMP memecoin team announced that the top 220 token holders would be invited to a special gala dinner with the President at his golf club in Virginia on May 22. 
More exclusive than this, he announced that top 25 investors will be treated as VIP guests, which will include a private reception with the President and a tour of the White House. 
After this announcement the price of the Trump memecoin surged more than 40%, which resulted in increasing the president’s own crypto holdings.  
As per the reports, he and his fellow holders hold around 80 percent of the coin in the supply, which is now worth more than $10.8 billion. The coin is currently trading at $14.83 as per CoinMarketCap. 
Senator Ossoff: "This Looks Like Bribery"
Senator Ossoff, a Democrat, said the President is using his position to sell access — and that this crosses the line.
Ossoff said, "when the current President of the U.S. is distributing access for things which are going directly to him, there is no question of an impeachable offense level”. His comments were shared online by local political reporter Greg Bluestein.
While he does not directly profit from every token sale, critics argue that increased demand for the token raises its value, and therefore enriches him. That, they say, creates a conflict of interest and opens the door for potential bribery.
“He is granting audiences to people who purchase the memecoin that directly enriches him,” Ossoff added.
Ethics Concerns Around Trump’s Crypto Push
This isn’t his first crypto controversy. Since re-entering office, he has supported pro-crypto legislation and appointed regulators friendly to digital assets. At the same time, he and his family have become deeply involved in crypto ventures. These include:
A stablecoin company called World Liberty FinancialCrypto exchange-traded funds (ETFs)A Bitcoin mining business
Two memecoins, including TRUMP and one named after the First Lady
Ethereum co-founder Vitalik Buterin and other critics have voiced concerns that his crypto actions benefit him personally while he holds public office.
Could Trump Be Impeached Again?
Trump has already encountered impeachment two times in his first term of presidency, although both times he was released by the Senate. 
While Ossoff says the latest memecoin dinner is enough to start new impeachment talks, the political reality makes it unlikely, at least for now.
"The only way to get what you want is to have a Democratic majority in the US House of Representatives," Ossoff said in his speech, adding that Republicans now hold the House and won't be approving another impeachment.
As he continues to push for America to become a “Bitcoin superpower,” his crypto dealings remain under intense scrutiny, both politically and ethically.

Visit: CoinGabbar
#TrumpMemecoin #TrumpMemecoin #Trumpmemecoingala #Trumpmemecoinprice
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number