As of April 25, 2025, former President Donald Trump has made significant moves in the cryptocurrency space, leading to notable market reactions and discussions:
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📈 Surge in Trump's Meme Coin (TRUMP)
Trump's meme coin, known asTRUMP, experienced a substantial price increase after an announcement that the top 220 holders would be invited to a private dinner with him at his National Golf Club on May 22. This exclusive event led to a surge in the coin's value, with reports indicating a 30% to 80% increase in price. The initiative has sparked debates over potential conflicts of interest and the ethics of such promotions. [1][2][3]
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🇺🇸 Proposal for a U.S. Crypto Strategic Reserve
In a significant policy announcement, Trump proposed the creation of a U.S. Crypto Strategic Reserve. This reserve would include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). The announcement led to immediate price surges in these assets, with Cardano's price increasing by over 60% shortly after the news. However, the proposal has also faced criticism from some in the crypto community who question the inclusion of certain altcoins in a national reserve. [4][5]
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🧾 Ethical Concerns and Criticisms