Shocking revelation, Trump faces harsh criticism for "Crypto Circle Private Dinner", with a hidden crisis behind a $3 billion market value?
Trump is facing demands for a moral investigation from Democratic Senators Warren and Schiff after inviting meme coin holders to a golf dinner! The lawmakers pointed out in a letter to the government ethics office that this private dinner, limited to the top 220 holders of TRUMP tokens, poses a risk of "pay-to-play" corruption and could even open the door for foreign influence.
Despite the ongoing controversy, the TRUMP coin has surged against the trend, with its price rising from $12 to $15.2 since the open letter was released, and its market value soaring to over $3 billion. However, the volatility is extreme; the price skyrocketed on the day the dinner news was announced, only to plummet 18% the next day, with market sentiment highly strained.
Critics warn that this intertwining of politics and crypto assets could trigger a serious moral crisis. In the future, the ambiguous relationship between Trump and the crypto world may lead to an even bigger storm!