Is one dinner enough to ignite the market?
Former US President Donald Trump stirs up a new sensation — but this time in the crypto world!
In a surprising announcement, Trump invited holders of the TRUMP digital currency to a special dinner that will be held at his luxurious club in Virginia. This unconventional move caused a crazy price surge for the currency, which rose by between 50% and 52% immediately after the news!
But who will receive the invitation?
Only the largest 220 holders of $TRUMP will get a seat at Trump's table, based on the amount they hold of the currency.
As for the elite — the top 25 wallets — they will be granted a special tour in Washington D.C. alongside the dinner.
The impact of the dinner on TRUMP:
Market Cap: Exceeded $2.7 billion
Daily Trading Volume: $3.84 billion — one of the highest traded currencies in the market
But... is all this built on a solid foundation?
Control: Trump's team owns 80% of the total supply, raising concerns among some analysts about the potential for price manipulation.
Function: There are no real uses for $TRUMP so far, other than speculation or for participating in promotional events.
Are we facing a political-digital bubble? Or will $TRUMP surprise everyone in the election season?