According to Jiemian News, the official account of the meme coin "Trump Coin" announced on April 23 local time that it will host a dinner for the top 220 holders in Washington D.C. on May 22, claiming that participants will have the opportunity to "hear Trump talk about the future of cryptocurrency up close."
Additionally, the top 25 investors by holding amount will be invited to an exclusive reception hosted by Trump and a "special edition" VIP tour.
According to Caixin, "Trump Coin" experienced a crazy surge of 50% in one day. According to data from Coinbase, after the marketing announcement, the price of Trump Coin was pushed up to $14.70 overnight, the highest level since early March. Before this announcement, many traders were preparing for the upcoming market entry of Trump Coin held by more original investors and insiders, which was about to be unlocked.
As of the morning of the same day in Beijing time, 244 people had connected their crypto wallets to the leaderboard. The username of the top holder is "CASE," holding about 400,000 Trump Coins.
On January 18 this year, U.S. President-elect Trump announced on social media the launch of his personal meme coin, Trump Coin ($TRUMP). After its launch, the price was wildly speculated, and its market capitalization quickly soared to several billion dollars, triggering severe fluctuations in the cryptocurrency market and placing Trump at the center of American public opinion.
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According to China Fund News, under the stimulation of multiple messages, Bitcoin's price broke through $94,000 yesterday, with most of the cryptocurrency market rising. Coinglass data shows that over 160,000 people were liquidated in the cryptocurrency market in the past 24 hours, with a total liquidation amount of $370 million.
On the news front, on April 22 local time, U.S. President Trump stated that the Federal Reserve should lower interest rates and that he had no intention of firing Federal Reserve Chairman Powell. Additionally, Trump indicated that tariffs on China may decrease significantly, easing market fears regarding the trade war.
According to Farside monitoring, on April 22, the net inflow of funds into the U.S. spot Bitcoin ETF was $912.7 million, recording the largest single-day net inflow since Trump took office.
