Price Fluctuations of TRUMP Token
TRUMP Token recently experienced strong volatility, stemming from excitement about an exclusive dinner for the top 220 Token holders organized by President Trump. Interest in TRUMP Token increased by over 50% after he promised a "gala dinner", pushing its market capital to a peak of 2.7 billion USD. It then dropped to 2.18 billion USD.
Winners and Losers
According to CNBC, data from Chainalysis shows around 762,000 wallets that bought cryptocurrency $TRUMP incurred losses. Most of these wallets owned small quantities of Tokens. 58 lucky wallets earned over 10 million USD each, totaling approximately 1.1 billion USD in profits. After this price surge, about 54,000 additional wallets purchased Tokens, raising the total to 100,000 new wallets since April April p Event Dinner and Conflict of Interest Strong>p>
ype led to numerous large transactions. A new wallet withdrew 1 million $TRUMP (10.78 million USD) from Binance, while @MemeCore_ORG withdrew 1.39 million $TRUMP (17.8 million USD) but is currently facing a 2.8 million USD loss. However, the Trump-branded cryptocurrency Liberty cryptocurrency and a project, World Liberty Financial, is under being reviewed by regulatory agencies for potential conflicts of interest.
Investigation Concerns p The Permanent Investigation Committee has opened an investigation into Token ownership and how it generates profits. The investigation. revolves around the dinner event, Trump posts advertising posts, with foreign investors such as a UAE state-backed fund and Justin Sun. Trump and his allies earned nearly 900,000,000 000 000 from transaction transaction fees in just two days after announcing this exclusive dinner.
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