#TRUMP晚宴 Short-term Price Fluctuation

After the announcement of the dinner news, the price of TRUMP Coin surged significantly. For example, after the official announcement of the dinner-related news on April 23, the price of TRUMP Coin soared to $14.70, reaching a new high since March, with an intraday increase of over 50%. This was mainly due to the scarcity of the dinner and Trump's celebrity effect, attracting the attention and speculative demand of investors.

Increased Market Attention

This event has sparked widespread attention and discussion in the cryptocurrency market, making TRUMP Coin a hot topic and drawing more people to the cryptocurrency field. Related media reports and the spread on social media have increased the exposure of the crypto market, potentially attracting more prospective investors into the market.

Reflecting Regulatory Issues

The dinner event highlights the regulatory gray area brought about by the combination of political figures and cryptocurrencies. The Trump administration's pro-crypto policies and the Trump family's commercial activities in the crypto market have raised questions about conflicts of interest and market manipulation, which may prompt regulatory agencies to strengthen their scrutiny and regulation of the crypto market.

However, the impact of the dinner on the crypto market has certain limitations, mainly concentrated in the TRUMP Coin and related meme coin sectors, with a relatively limited effect on the entire crypto market. Moreover, this influence is more based on short-term hype and speculation; in the long run, the development of the crypto market still depends on factors such as technological innovation, the expansion of application scenarios, and the stability of regulatory policies.