Big news! Trumpcoin surges!
$DOGE $PEPE
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On the afternoon of the 23rd local time, Trump's meme coin "Trump Coin" rose sharply, with the price soaring from $9.35 to $16.091, with the highest increase exceeding 70%. Currently, the price of "Trump Coin" fluctuates around $12.
On the same day, "Trump Coin" published an "invitation letter" on its official website, inviting the top 220 holders of the virtual currency to attend Trump's "intimate private dinner". According to the announcement, the operator will rank "Trump Coin" holders from April 23 to May 12. The more "Trump Coins" you hold and the longer you hold them, the higher your ranking will be. "Our rankings are updated in real time every hour. The number of your "Trump Coins" will determine your ranking. The competition is very fierce. Either hold Trump Coins or watch from the sidelines." The official website of "Trump Coin" stated that Trump will hold a dinner at the Trump National Golf Club in Washington on May 22, and will invite the top 220 holders of the coin to dinner. The invitees will be able to listen to Trump's speech on the "future of cryptocurrency". The top 25 holders will also have the right to attend an "exclusive reception before dinner with your favorite president." The website also posted a beautified picture of Trump AI. After the above dinner invitation was released, the price of "Trump Coin" rose sharply. Some foreign media pointed out that this announcement posted on the official website of "Trump Coin" is the latest move in a series of recent cryptocurrency-related attempts by Trump and his family, and the handling fees alone have brought them hundreds of millions of dollars in revenue. It is understood that on January 18, local time, Trump posted on his social account, announcing the launch of his personal Meme coin TRUMP. Users need to visit the website with the domain name "gettrumpmemes" to obtain the Meme token. The website shows that TRUMP is the only "official Trump Meme coin". The virtual currency became popular after its launch. The opening price of the coin was $0.1824, and it rose to $74.59 at its highest. In other words, TRUMP rose by more than 40,000%. Since its launch, "Trump Coin" has been controversial. According to the information on the token's official website GetTrumpMemes.com, about 80% of the tokens are held by CIC Digital, which is associated with the Trump Organization, and Fight Fight Fight LLC, which is jointly owned by CIC. This highly concentrated coin holding structure has raised concerns about market manipulation. In addition, Bloomberg reported on April 12 that public data showed that the Trump family has been involved in non-fungible tokens (NFTs), Bitcoin "mining", issuing personal cryptocurrencies and other businesses, and has obtained nearly $1 billion in book profits through these projects.
