President Trump earlier officially held a private dinner for top holders of his meme coin $TRUMP, revealing any good news?
President Trump is hosting a private dinner at a golf club in Washington, D.C. for over 200 top holders of his personal meme coin $TRUMP. He spoke on Truthsocial this morning before heading to the dinner.
We are dominating the Bitcoin and cryptocurrency space, and we will maintain this status.
The market is curious whether he will announce more positive news during the dinner.
What did Trump say at the $TRUMP meme coin gala?
Although the organizers kept the dinner process strictly confidential and did not conduct a live broadcast, some attendees shared sporadic information through social media, allowing the outside world to get a glimpse of this 'meme coin gala.'
Tron blockchain founder Justin Sun posted a video of Trump officially appearing around 8:30, which elicited cheers from the crowd. Other notable attendees included Jihoz.ron, co-founder of Ronin Network, Jack Lu, CEO of Magic Eden, and Kain Warwick, founder of Australian cryptocurrency company Infinex, who were also invited as top holders.
However, so far, multiple sources indicate that although Trump did indeed speak to attendees at the dinner, no substantial new information was released; he mostly reiterated his consistent stance on cryptocurrency issues. For example, he once again claimed that the U.S. would lead the 'cryptocurrency industry' and criticized former President Biden's policies as 'detrimental to cryptocurrency development.'
However, this is not too surprising; many attendees might be more interested in the opportunity for close contact with Trump through this meme coin.
On the other hand, during the dinner, many protesters were outside shouting 'Shame', condemning Trump for mixing the presidential position with personal business interests and using cryptocurrency activities to benefit himself and his family.
$TRUMP has fallen from the intraday high.
Regarding the token price, the $TRUMP token approached $16 before the event started, but faced selling pressure as the event progressed, dropping 12% from the intraday high, currently reported at $14.4.
In the Bitcoin segment, after successfully breaking the $110,000 mark yesterday and setting a new historical high, it is currently challenging whether it can break $112,000, currently reported at $111,291, fluctuating narrowly near the high point.
