SS: Mr. Trump announced yesterday that he will host a dinner with the top 220 holders of his memecoin.
From the BBC:
>The price of Donald Trump’s cryptocurrency has soared after the US president promised to host two special events for its top investors.
>The website for the $Trump meme coin says its 220 biggest holders will be invited to a private gala dinner with the president on 22 May, describing it as the “most EXCLUSIVE INVITATION in the world.”
>According to crypto trading platform Coinbase, $Trump jumped by more than 70% after the announcement. But it remains well below the record high of more than $74 (£42.40) reached shortly after its launch in January.
>The digital currency is one of several crypto-related ventures launched by businesses linked to Trump, who has called himself the “crypto president”.
>**As well as the gala dinner, which will be held at the Trump National Golf Club in Washington DC, there will be “an ultra-exclusive private VIP reception with the President” for the top 25 coin holders, the coin’s website said.**
>Trump tokens in circulation are currently worth a total of around $2.5bn. They were first released just days before his inauguration on 20 January.
>The move was criticised by several people in the crypto industry, with some calling it “a stunt”.
Freeze_Peach_ on
~~Dinner for the top 220 holders of TrumpCoin.~~
Family Dinner.
Good thing we got rid of DEI so that we can go back to only allowing entry to family and close friends, no other qualifications are necessary.
Key_Responsibility35 on
That’s an actual cryptocurrency that’s literally called the Meme Coin? You learn something new every day.
Really, I think that all cryptocurrency is a meme coin. If you think about it, the only actual value of crypto is that you can sell your crypto to other people. If everybody in the world suddenly realized one morning that cryptocurrency has literally zero value, then you’d be stuck with some totally worthless “coin” that you paid thousands of dollars for.
Bandini77 on
America voted for this.
They all knew who he was.
wparadise on
ETA on rugpull?
NoFly3972 on
The president releasing and pumping meme coins $trump $melania, is just something I can NEVER get behind and even if you are the biggest Trump fan, you should really start asking some questions here.
lessyes on
Something smells like fraud.
iamkats on
Don’t care
One-Dot-7111 on
It sucks but we have to wait and see which favors are given immediately after the drop
mchaze89 on
It’s only sketchy if he dumps what he has. This shit is so easy to catch. Move on to something more serious
tylersampson on
how is this conspiracy related.
Cronamash on
Ya, I’m invested in Trump coin, so this is fricken sweet!
jack_spankin_lives on
Trumps is today who he always was. A self promoting grifter with a very sharp eye for people he can fool or take advantage of. Everryone who worked in business in NYC in the 90s knew his schtick. Democrats didnt care because he was their guy.
He’d call radio shows pretending to be someone else talking about him. He’s stiffed a line of contractors so long I’m surprised the mob didn’t take a hit out on him early on.
The ONE thing I’ll grant him is he always had a great eye for real estate potential.
But he’s always been more self promotion and screwing people and then bullying them into capitulation. The problem is he’s not great and knowing when he does or does not have the upper hand.
China has the upper hand in trade, manufacturing, and currency manipulation and we lost that 10 years ago. A smarter more shrwed president would quietly claw back capacity and an even smarter would use mexico as our china.
EvlutnaryReject on
I’ve noticed patterned blips in shitcoins years ago. Actually, I could time them but could never buy in. I figured this was some new form of money laundering?
huvaelise on
Yup, thats standard shitcoin behaviour, you need to zoom out and get off the sensational timeframe, means very little, but is went on the market at $77, dumped instantly to $27 then steady down to $7.80ish, so a small correction to $12 is nothing.
Gold went from $2000 to $3500 in the same time, I’ll take gold any day
Haunting_Ad7337 on
yes
Ax3god on
It’s crypto…
FxckDaniel on
Not spending my money on these crypto scams so yes
WhineyLobster on
Its so dumb too since 80% of the coins are privately locked up. So the biggest holders are already determined. Now we know why trump got rid of the foreign bribery restrictions.
19 Comments
SS: Mr. Trump announced yesterday that he will host a dinner with the top 220 holders of his memecoin.
From the BBC:
>The price of Donald Trump’s cryptocurrency has soared after the US president promised to host two special events for its top investors.
>The website for the $Trump meme coin says its 220 biggest holders will be invited to a private gala dinner with the president on 22 May, describing it as the “most EXCLUSIVE INVITATION in the world.”
>According to crypto trading platform Coinbase, $Trump jumped by more than 70% after the announcement. But it remains well below the record high of more than $74 (£42.40) reached shortly after its launch in January.
>The digital currency is one of several crypto-related ventures launched by businesses linked to Trump, who has called himself the “crypto president”.
>**As well as the gala dinner, which will be held at the Trump National Golf Club in Washington DC, there will be “an ultra-exclusive private VIP reception with the President” for the top 25 coin holders, the coin’s website said.**
>Trump tokens in circulation are currently worth a total of around $2.5bn. They were first released just days before his inauguration on 20 January.
>The move was criticised by several people in the crypto industry, with some calling it “a stunt”.
~~Dinner for the top 220 holders of TrumpCoin.~~
Family Dinner.
Good thing we got rid of DEI so that we can go back to only allowing entry to family and close friends, no other qualifications are necessary.
That’s an actual cryptocurrency that’s literally called the Meme Coin? You learn something new every day.
Really, I think that all cryptocurrency is a meme coin. If you think about it, the only actual value of crypto is that you can sell your crypto to other people. If everybody in the world suddenly realized one morning that cryptocurrency has literally zero value, then you’d be stuck with some totally worthless “coin” that you paid thousands of dollars for.
America voted for this.
They all knew who he was.
ETA on rugpull?
The president releasing and pumping meme coins $trump $melania, is just something I can NEVER get behind and even if you are the biggest Trump fan, you should really start asking some questions here.
Something smells like fraud.
Don’t care
It sucks but we have to wait and see which favors are given immediately after the drop
It’s only sketchy if he dumps what he has. This shit is so easy to catch. Move on to something more serious
how is this conspiracy related.
Ya, I’m invested in Trump coin, so this is fricken sweet!
Trumps is today who he always was. A self promoting grifter with a very sharp eye for people he can fool or take advantage of. Everryone who worked in business in NYC in the 90s knew his schtick. Democrats didnt care because he was their guy.
He’d call radio shows pretending to be someone else talking about him. He’s stiffed a line of contractors so long I’m surprised the mob didn’t take a hit out on him early on.
The ONE thing I’ll grant him is he always had a great eye for real estate potential.
But he’s always been more self promotion and screwing people and then bullying them into capitulation. The problem is he’s not great and knowing when he does or does not have the upper hand.
China has the upper hand in trade, manufacturing, and currency manipulation and we lost that 10 years ago. A smarter more shrwed president would quietly claw back capacity and an even smarter would use mexico as our china.
I’ve noticed patterned blips in shitcoins years ago. Actually, I could time them but could never buy in. I figured this was some new form of money laundering?
Yup, thats standard shitcoin behaviour, you need to zoom out and get off the sensational timeframe, means very little, but is went on the market at $77, dumped instantly to $27 then steady down to $7.80ish, so a small correction to $12 is nothing.
Gold went from $2000 to $3500 in the same time, I’ll take gold any day
yes
It’s crypto…
Not spending my money on these crypto scams so yes
Its so dumb too since 80% of the coins are privately locked up. So the biggest holders are already determined. Now we know why trump got rid of the foreign bribery restrictions.