The crypto market is heating up again! 📈 Chinese company GD Culture Group (GDC), listed on Nasdaq, has announced a massive $300 million investment into Bitcoin and the TRUMP memecoin. This bold move comes just days before the highly anticipated crypto dinner with Donald Trump – and it's already having a major impact on prices.
Chinese Money Flows into Crypto – TRUMP Token Rises Over 6%
After a recent correction, the TRUMP coin is bouncing back. The token, which dropped nearly 6% yesterday, has rebounded by 6.11% today, thanks to GDC’s announcement of a huge crypto investment into Bitcoin and the official TRUMP token.
According to official filings, the investment will be funded through a stock purchase agreement with an investor based in the British Virgin Islands. GDC says the goal is to build a long-term crypto reserve, signaling confidence in the future of cryptocurrency and decentralized finance.
🍽️ Trump’s Crypto Dinner Fuels Speculation and Investor Hype
Excitement is building around the upcoming Trump crypto dinner, scheduled for May 22, where 220 top holders of TRUMP tokens will attend a private event with Donald Trump. This unique mix of politics and crypto is pushing the token into the spotlight.
Analysts believe that the combination of GDC’s investment and the growing media buzz around the dinner could spark a new price rally, potentially even stronger than previous ones.
📊 TRUMP Token Trades Between $13 and $14
At the time of writing, the TRUMP token is trading at $13.55, up more than 6% in the last 24 hours. Over the past week, it has surged 23.28%, and 61.8% in the last month. The token has recently been fluctuating between $13 and $14, with a weekly high of $15.07.
However, there's growing speculation about how the market will react after the crypto dinner itself. Past data shows that some sell-offs followed the end of similar events, causing short-term price drops.
🧠 One-Minute Summary:
Chinese firm GDC plans to invest $300 million into Bitcoin and the TRUMP memecoin. This move helped the token recover from its recent dip and return to an upward trend. With Donald Trump’s crypto dinner fast approaching, increased volatility and possibly another price breakout are expected. For now, TRUMP remains one of the hottest memecoins on the market — at least until May 22.
#TRUMP , #CryptoNewss , #memecoin , #CryptoInvesting , #china
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