Official Memicine of US President Donald Trump Official Trump (Trump) grew by almost 60%, when an invitation appeared for the holders of tokens to dinner with the head of state on the project website. After the announcement, the price of token increased sharply, from $ 9.3 to $ 14.7. He writes about this RBC Crypto.
“Join dinner with President Trump in his private club in Washington. Only for the 220 largest holders of Trump Memcoin, ”says the message on the project website.
To participate in the event, it is necessary to connect a wallet on a special website, where the dynamic list of the largest addresses is also displayed. According to the site, the top-25 holders are also waiting for a separate VIP meeting with Trump and a special tour.
Having risen after the news, the token sank below $ 12. The growth of the memcoid course per day is 27%. Trump capitalization – $ 2.37 billion.
It is noteworthy that the dinner was announced after the Trump tokens in the amount of $ 300 million were added on April 18, according to Tokenomist. About 75% of all existing tokens are still blocked, and the next unlock will take place in July and increase the offer by more than $ 600 million.
Trump token, released just a few days before the president’s inauguration, caused a negative reaction in the industry, due to the fact that the creators took advantage of the public and the official position of Trump, and the project team earned $ 800 million, while retail investors for the most part remained in losses.
The launch also marked the peak of speculative activity in cryptocurrency markets. In the next month, the Bitcoin course decreased by almost 30% compared to the record price of January. The total capitalization of the cryptorrhist in this time decreased from $ 3.9 trillion to $ 2.9 trillion.
Despite the rally of the last day, Trump Memcoin is still trading more than 83% lower than its record price of $ 73, recorded on January 19.
Be in the know! Subscribe to Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
