The crypto world has exploded! Sun Yuchen may bring a multi-million dollar position to Trump's "crypto dinner". Will TRUMP soar or crash? #以太坊的未来
1. Sun Yuchen becomes the number one whale of TRUMP, is the dinner ticket secured?
Latest on-chain data shows that Sun Yuchen's wallet address holds 1,176,803 TRUMP tokens, worth over 14.32 million dollars, firmly sitting at the top of the holding list.
Trump's team has stated they will invite the "top 220 holders of TRUMP" to a private dinner on May 22. As an OG in the crypto world and a crypto advisor to the Trump family, Sun Yuchen practically has an "inside ticket".
2. Mysterious tweet raises speculation, is Sun planning something big?
Sun Yuchen tweeted "All in America" on X, instantly igniting FOMO in the community.
Combined with his recent deep ties to the Trump family, this move is likely to hype up the dinner, and he might even team up with Trump for "market cap management".
3. TRUMP's price skyrockets by 70%, but the risks are at an all-time high.
As soon as the dinner news broke, TRUMP surged 70% in a week, now priced at 12.75 dollars, with a market cap reaching 340 million dollars.
But seasoned investors understand that good news often leads to bad news—if Sun Yuchen or Trump himself sells after the dinner (Trump's wallet holds 579,000 TRUMP, worth 4.5 million), the price could plummet instantly.
4. Sun's "long-termism" VS retail investors' "short-term anxiety"
Despite market concerns about selling pressure, Sun Yuchen is known for his expertise in "long-term planning".
He is not only a whale of TRUMP but also a behind-the-scenes advocate for Trump's crypto policy (e.g., pushing for the SEC to establish a crypto working group).
If the dinner signals regulatory easing, TRUMP, as the "political coin leader", could reach new highs.
The crypto world is never short of scripts, but the combination of Sun Yuchen and Trump is definitely a "top-tier bombshell". Whether TRUMP soars to 20 dollars or falls back down depends on how Sun pitches at the dinner.
Remember, whales eat meat, retail investors drink soup, don’t be greedy! #币安上线INIT
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