Trump sets up a cryptocurrency circle, and the entry ticket must be purchased with his own "Trump Coin". Sun Yuchen spent $19.67 million to become the top holder, having previously spent a million to dine with Buffett.
Trump Coin has high price volatility, currently priced at $16, with a minimum entry requirement of $1,200 to purchase 4,196 coins, and the top 25 require $2 million.
The Trump family holds 80% of Trump Coin and has cashed out $350 million. If cryptocurrencies are mentioned in the meeting with potential tax exemptions, it may drive up the coin price, but it could also be a selling opportunity.
Previously, after Sun Yuchen dined with Buffett, Tron dropped 40% in a week. This time, with the president's endorsement and whale manipulation, the risk is extremely high, be cautious of getting caught holding the bag.
