#特朗普 What's going on! $1.5 million for a meal is nothing, but you can only meet the real deal if you hold tokens?
Folks, Trump is stirring things up again! Recently, he has turned political dinners into crypto circle celebrations—on one hand, allowing billionaires to spend $1.5 million for a meal, while on the other hand, opening a 'green channel' for Meme coin players, allowing them to meet the core circle just by holding tokens? This operation is astonishing, let's discuss it in detail!
$1.5 million for a meal, is it that easy to make money for the rich?
Let's talk about the first event, the banquet that just took place on May 6, which can be called a 'top political and business gathering'. Each participant had to pay $1.5 million, equivalent to over 20 years of income for an average American! At this price, it was surprisingly sold out—after all, being able to talk face-to-face with the Trump team about cryptocurrency and policy is worth more than spending money on luxury goods for wealthy sponsors.
The organizer of this banquet is MAGA Inc., a super political team that supports Trump. This move is clearly for political fundraising, but what's even more remarkable is that they are also supporting cryptocurrency: on May 5, there will be another 'Cryptocurrency and AI Innovators Dinner', with Trump personally attending alongside 'Crypto Tsar' David Sacks, directly extending an olive branch to the industry.
You can only meet Trump if you hold tokens? Is this a chance for Meme coin players to make a comeback?
Even more explosive is the second event, the 'Meme Coin Special' on May 22—want to attend? No need to spend cash, just hold TRUMP tokens! But the threshold is not low: you have to be among the top 220 'millionaires' by token holdings, and the top 25 can unlock the 'core circle VIP access', directly interacting with Trump's close associates.
As soon as the news broke, the price of TRUMP tokens skyrocketed, soaring 75% in the short term! However, seasoned investors know that there are tricks behind this coin: 80% of the tokens are held by the Trump family and related organizations, a clear case of 'whale control'. Moreover, the crypto space is traditionally volatile, and just because you think you've secured a ticket, you might find yourself losing out the next second...
From 'opposing Bitcoin' to 'spokesperson for the crypto space', Trump's 180-degree turnaround.
What people least expected is that Trump, who once criticized Bitcoin as 'air', has now become the 'number one salesman' of cryptocurrency! His appointee David Sacks is a powerhouse who has directly pushed for a major reversal in U.S. policy:
- Regulatory easing: During the Biden administration, the SEC was constantly targeting cryptocurrencies, but now not only have they dropped the lawsuit against Coinbase, but they have also established a special working group to give the industry a 'green light';
- Policy tilt: The cryptocurrency circle says that the current regulatory environment in the U.S. compared to the Biden era is like 'from winter to summer', with all sorts of tax incentives and compliance pathways in place.
The crypto circle is of course thrilled, as policy support translates to real money. But some people complain: this is not a policy shift, but rather a 'marriage between politics and the crypto space'—MAGA Inc. raised millions of dollars, but how will it be spent? Will it become Trump's 'crypto treasure chest'?
Onlookers: Is this a win-win situation or a harvest?
Now both sides are celebrating: the rich are spending money to buy political resources, while crypto players are leveraging tokens for entry opportunities; Trump has not only raised funds but also brought in the tech circle. But there are also many hidden dangers:
- Legal risk: Using tokens as tickets, does that count as selling official positions in disguise? The Democrats are already watching, and who knows when they might start an investigation;
- Market volatility: The price of TRUMP tokens is entirely supported by news; if the dinner's effect is not as expected or if the policy implementation falls short, retail investors could face significant losses.
Conclusion: When politics meets Meme coins, who will be the ultimate winner?
It must be said that Trump's moves have clearly played the game of 'traffic economy' and 'political marketing'—earning the rich's money with one hand while pulling in crypto people with the other, conveniently labeling himself as the 'innovative president'. But that said, the crypto space is deep and complex; in the game of politics and capital, ordinary people still need to keep their eyes wide open: don't think about meeting the president just by holding tokens, first think about whether your wallet can withstand the volatility!