Trump’s Meme coins of mind after he asks Top 220 owners at dinner Cryptocurrency

The value of Donald Trumpeted Coin has jumped for more than 50% on Wednesday after her official website said that the top 220 coin holder will be invited to private gala dinner with President 22. May.

The top 25 coins would also get a “ultra -clusive VIP reception with the president”, as well as a special tour, said on the site.

Coins, aka $ Trump, rose by more than 50% after an announcement on trade around $ 14.70. He fell a little back to $ 12.30 in early trading on Thursday, according to coinmarketcap.

Despite the sharp growth, the price of the president’s coin is far below the top that hit a short time before his inauguration in January, When it has risen Of about $ 6 to $ 75. Starting coins for Trump and his wife Melanija, made experts accuse a couple “Shameful” conflict of interest.

A sudden leap in Trump Memena Meme on Wednesday came as investors expected that the beginning of the process that enables more original investors and insiders to bring their own farm. This “unlock” usually leads to a drop in prices, but KS coins said it will delay it up to 90 days.

Meme coins are digital tokens inspired by trends such as viral moments and do not have inherent usefulness. They usually fall in the values ​​after the initial strong rally.

Last year, “Hawk Tuih Girl” Haliei Velch, made known on the online virus video, launched meme coin In December, it was worth $ 490 million, but it quickly fell valued and now only $ 2.9 million.

While Trump was skeptical for cryptocurritude in his first administration, he has since called “crypto president” and promised to support the growth in the sector.

In March, he hired Venture Capitalist David bags to act as artificial intelligence and cripto emperor, as well as the establishment of a national stock of Bitcoin and other cryptocurries.

The logs are actively involved in the cryptocurrency sector. The first lady also launched a coin for meme in January, and last year, the president and his three sons began a crypto platform called Financial Fibeland World.

Meanwhile, Trump Media and Technology Group, where President is a majority shareholder, announced plans last month to work with CRIPTO.com trading operations in order to allow investment products related to the CRIPT.

This month, the US Department of Justice said it would fire the unit dedicated to Research of cryptocurrency scamsAs supervision in the digital property sector began to be fired.

Deputy Lawyer, Todd Blanche, said that the department would no longer conduct civil acts or implementation that had a “superimizing framework for digital property regulatory, while the actual regulators of President Trump, they work outside the Framework of Criminal Criminal Justice.”

Deregulation encouraged influential congress democrats and guards Warn of growing risks for investors and economics Sets several deregulatory crypts in federal agencies.