$TRUMP
President Donald Trump has significantly advanced his involvement in the cryptocurrency sector, intertwining personal ventures with national policy initiatives. Here's an overview of the recent developments:
🪙 $TRUMP Memecoin and Exclusive Access
The Trump-affiliated memecoin, $TRUMP, experienced a surge of over 50% after announcing that the top 220 holders would be invited to a private dinner, with the top 25 receiving additional VIP perks. This promotion led to substantial investments, with at least 27 wallets acquiring over 100,000 coins each, translating to approximately $100 million in total purchases. The Trump Organization and a company named Fight Fight Fight, which owns 80% of the coin supply, orchestrated the project, earning around $41 million in fees and generating $312 million in sales since January.
🇺🇸 Strategic Bitcoin Reserve and Digital Asset Stockpile
In March 2025, President Trump signed an Executive Order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. This initiative aims to position the United States as a leader in government digital asset strategy. The reserve includes cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Ripple (XRP). A working group, chaired by the White House AI & Crypto Czar David Sacks, is expected to provide recommendations by July 2025.
🏛️ Deregulation and Policy Shifts
The Trump administration has rolled back several cryptocurrency regulations established under the previous administration. Notably, the National Cryptocurrency Enforcement Team was disbanded, and banks no longer require advance permission to engage in cryptocurrency activities. These moves have raised concerns about potential conflicts of interest and the need for sensible regulation to prevent systemic financial risks.
💼 Expansion of Trump’s Crypto Ventures
The Trump family has expanded its footprint in the crypto industry through various ventures. One notable project is World Liberty Financial, which has raised $550 million