High-Profile Crypto Dinner Shows Decline in Trump Coin Holdings – Coincu
The post High-Profile Crypto Dinner Shows Decline in Trump Coin Holdings – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Main event, leadership changes, market, financial shifts, expert insights. TRUMP investors reduced holdings after exclusive dinner. Significant difference in total holdings compared to snapshot. President Trump hosted an exclusive dinner for top investors of the $TRUMP meme coin at the Trump National Golf Club on May 22, 2025. This event highlighted a complex intersection of politics and cryptocurrency, leading to notable market actions where most top holders reduced their TRUMP coin positions. Exclusive VIP invitations were issued to those who invested substantially, totaling approximately $148 million in acquisitions. This event links cryptocurrency advancements with political interaction, featuring notable figures like Trump himself and investors such as Justin Sun. Subsequent Market Actions Subsequent market actions indicate significant changes. While holders initially possessed $4.78 million on average, their collective holdings have dropped significantly, with many selling off tokens post-event. This has prompted an evaluation of financial prospects linked to the event, especially as Trump pronounces this era as a “Golden Age” for digital assets. Reactions from the broader community are divided. The exclusive nature of the event draws attention to the ethics of combining presidency with crypto advantages. A protester outside the venue remarked, “America is not for sale.” Protestors raised concerns about selling access to political power, while Trump continues advocating for crypto’s potential, displaying unwavering support for innovation in digital currencies. TRUMP Coin Value Drops $2.67M Per Investor, Experts Caution Did you know? The $TRUMP coin’s market value dropped nearly $2.67 million on average per major investor following exclusive event attendance. CoinMarketCap reports OFFICIAL TRUMP (TRUMP) trading at $12.79, with a market cap exceeding $2.56 billion and a 24-hour trading volume of $512.66 million, reflecting a 28.07% decrease. The current circulating supply stands at 199,999,380 tokens and Coincu analysts suggest careful scrutiny of potential pressures from both technological…
Filed under: News - @ May 25, 2025 11:26 pm