Explosive News in the Crypto World: Sun Yuchen's Mysterious Connection with Trump, Market Fog to be Unraveled
Another explosive news has emerged in the crypto world, as Sun Yuchen is rumored to have 'colluded' with Trump, causing a huge stir in the market, with the future market filled with uncertainty.
Recently, Trump's team announced a limited private dinner to be held on May 22, inviting only the top 220 holders of TRUMP coins. Once this news broke, it was like a heavy bomb dropped into the lake of the crypto world, instantly stirring up waves. The price of TRUMP coins soared by 60% in just one hour, resembling a 'political ticket war' in the crypto world.
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According to on-chain data, a wallet associated with Sun Yuchen holds over 1.17 million TRUMP coins, valued at nearly 14.3 million USD, and this wallet has been continuously increasing its holdings over the past three months, suspected to have been strategically positioned. Moreover, since the news was announced, 27 wallets have each purchased over 100,000 TRUMP coins, with the largest buyer even splurging 24 million USD in a single purchase, as large holders frantically stock up just to secure a 'ticket' to the dinner.
At the same time, Trump's camp has been charging high transaction fees from TRUMP coin trades, earning 1.25 million USD in just one week. This phenomenon has sparked widespread public skepticism, with concerns that it may involve monetizing the crypto world and potential political conflicts of interest.
This event is no longer just hype around meme coins, but rather a capital show crafted by the combination of politics and the crypto world. Big players are betting, while retail investors are watching from the sidelines. Now, TRUMP coins are gradually becoming the most lucrative 'ticket' for 2025, but how the future market will develop remains uncertain. On one hand, the involvement of big players may bring short-term price increases; on the other hand, the risks of combining politics with the crypto world cannot be ignored. Investors need to treat this with caution and avoid blindly following the trend. $TRUMP #加密市场反弹