The cryptocurrency market demonstrates significant interest in Trump – token related to the Trump family. Meanwhile, the disputes around the ambiguous gala dinner with the president do not subside.
Large investors, known as whales, show a high interest in Trump Memicoine. The market was covered by a battery wave.
Whales buy Trump to get VIP tickets
The trend of accumulation of token intensified, as whales actively make significant transactions.
On April 28, Keith deduced 190 987 Trump tokens from Binance, increasing its assets to 1.389 million tokens ($ 20.59 million). This investor under the nickname Meco has now become the second largest asset holder. He claims to participate in the gala dinner, second only to Justin to the bathroom.
On the same day, another large player bought 92,460 Trump tokens, entering the number of 125 largest holders.
Prior to this, on April 27, an experienced trader exchanged 1.18 million FARTCOins for 78,671 TRUMP token. On April 26, Keith reinvested early profits and additional funds by acquiring Trump tokens in the amount of $ 5.73 million. On the same day, a large investor withdrew 413 530 Trump tokens from the CEX platform.
These transactions indicate a clear trend. Whales actively accumulate tokens to gain access to gala dint with the president-an exclusive event for the largest token holders.
The public is excited
The price of Trump has increased by 84% over the past seven days, overtaking many other cryptocurrencies. The volume of spinal trade in token on Binance grew by 202% in nine days.
However, despite these positive indicators, dinner enjoyed serious political discussions. On April 25, two US senators, Adam Schiff and Elizabeth Warren, sent a letter to the US government ethics. They demanded the investigation of the event, believing that it violates federal ethical norms. Senators expressed concern that the event can be a “pay and play” scheme when investors pay for access to politics.
Trump promised a private dinner on May 22, 2025 for the elect. After this announcement, the cost of Trump token jumped by more than $ 100 million. This aroused that the Trump family could use their political influence to gain benefit. Schiff and Warren also asked what precautions there are to prevent the purchase of political access through investment in Trump tokens. In addition, there is an assumption that Trump can use dinner to promote a new NFT project.
This scandal raised wider questions about the intersection of cryptocurrency and politicians, especially as more and more public figures are involved in the cryptocurrency market.
The promised gala dinner emphasizes the social and political significance of membain. Positive data on the price and volume of trading strengthen the confidence of investors in the potential for the growth of its price. However, the political ambiguity of the event emphasizes significant risks. Investors should remain vigilant and carefully monitor the development of the market and related legal aspects.
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Source: Cryptocurrency
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