Many critics and government professionals have opposed this gala dinner for Trump. A protest is likely taking place, but Eric Trump dismissed these claims, stating that most of these people were paid to protest.
More importantly, a significant debate could arise regarding cryptocurrency regulation and industry development. Interestingly, this is not Trump's first cryptocurrency event, as he has already organized one with several industry leaders. A similar debate could take place this time as well.
In addition, the price of the meme coin could rise. The token was launched in January and reached a market capitalization of 15 billion dollars almost immediately. Although it suffered a massive drop days later, it rebounded significantly with the news of the cryptocurrency dinner with Donald Trump. Trump's coin is trading at 14.53 dollars with a market capitalization of 2.87 billion dollars, but investors anticipate an improvement.
Predictions for the price of Trump's coin from many experts suggest a new rise to 25 dollars or more. The bullish dominance is consolidating in the cryptocurrency market, and Trump could benefit from this important gala dinner for Donald Trump.