Trump crypto soars as president offers dinner to leading investors

The cryptocurrency currency in the cryptocurrency rose on Wednesday on Wednesday after it was published on the website that promotes it that senior holders will get a private dinner with the president next month.

The $ TROMP MeMe currency increased by more than 60 % on Wednesday after this position announced “the most distinctive invitation in the world”, and he promised the highest of 220 buyers a special dinner with the president on May 22 at the Trump National Golf Club in Washington, DC.

In addition, the 25 best holders will receive a “very special reception with the president” in addition to a “special tour”, the advertisement said.

To be qualified, those present in the first places must be 220 of Trump holders $ from April 23 to May 12; The background examination must be passed; It cannot be from a country in the KYC Money Control List; It is not possible to bring a guest.

Trump Media and Crypto.com partner in ETF offers

President Donald Trump described his management efforts to enhance the encryption industry. (Brett Carlsen / Bloomberg via / Getty Pictures)

The terms of the $ TROMP dinner display indicated that “President Trump may not be able to attend,” but the winners will get a limited symbol from Trump that are not violated (instead. “

The promotion of the web site for the Gala dinner with the president of the largest currency holders is the latest in a series of encryption projects by Trump and his family during the past year.

Crypto World Liberty Financials, while the Trump Media & Technology Group, has a 3 billion dollar stake in encryption financing.

Trump undertook to make us “undisputed great power with the world and coding capital in the world”

Trump and his family followed many encryption projects last year. (Brett Carlsen / Bloomberg via / Getty Pictures)

Trump carried a campaign against the rule as a “president of encryption” and made the United States “the great power of bitcoin in the world.” Since he took office, his administration has sought to reshape the organizational systems that passed on the emerging industry.

Critics raised fears that the president’s connection to various cryptocurrency projects can open the door for conflicts of interests and influence assembly.

Trump creates the strategic bitcoin reserves, other encrypted currencies to use in the stock

The Mimi coin from Trump was launched before its inauguration. (Hakan Nural / Anadolu via / Getty Images)

Tony Cartch, CEO of accountability, said. The government ethics group, “There was no clearer case for a president using his office to put money in his pocket, or a greater possibility for special interests to buy the administration’s interest that may threaten the public interest.”

“The origins of President Trump are confidently managed by his children. There is no conflict of interest,” Anna Kelly, a member of the White House journalist, told Reuters.

The $ Trump, which was launched before the President’s opening on January 20, rose to $ 74.59 before declining to $ 7.14 on April 7. It rose above $ 14 during this week’s increase, and since then some of these gains divided, about $ 12.24 traded until Thursday noon. Crypto Analytics Chainalysis found that, as of March 12, the currency has achieved at least 350 million dollars as fees for entities associated with the president.

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Recently last week, encryption observers expected the $ Trump currency to collapse with 40 million new code to cancel its insurance. However, the Meme Coin account said on Wednesday that the opening of the lock will be delayed for 90 days.

Reuters contributed to this report.