Not so long ago, the same official Trump – known as $ Trump – struggled to convince. After flirting with a capitalization of $ 8 billion, the Token seemed to be condemned to join the crypto cemetery of neglected projects. But that was without counting on the flair of his godfather, Donald Trump, who, in political maneuver and businessman broken to the art of the spectacle, decided to revive his crypto in red carpet mode and candles.
In short
- The samecoin $ Trump climbs 70 % after the announcement of a dinner with Trump.
- The event is reserved for the 220 largest portfolios of $ Trump.
- A controversial strategy that flirts with the limits of political ethics.
A presidential announcement that makes the token trump jump
It was enough for dinner. But not just any. Announcing A gala evening reserved for the 220 biggest holders of $ TrumpDonald Trump, author of a world economic chaos, created a shock wave in the crypto microcosm. The promise? A meal served At the National Golf Club Trumpin the company of President Himself, without more than or exception. A concept worthy of reality TV, but which has borne fruit.
Because the effect was not long in coming: The token $ Trump jumped more than 70 % in 24 hoursfrom $ 9.3 to more than $ 16, before descending around $ 13. The most exclusive dinner in the world », Speed the promotional page – obviously, that was enough to give the appetite to investors.
And for the first 25 in the ranking? A private reception and a special visit with the president.
A promotional jackpot, but also a showcase of the Trump strategy: making the same weapon of soft power in its political reconquest. As Reuters pointed out:
The Trump family recently multiplied incursions into the crypto universe, generating hundreds of millions of dollars in fresh.
Trump -style crypto marketing: between glitter and controversy
Behind this outbreak of the $ Trump, a well -oiled mechanics. By creating rarityby flattering the egos of the large wallets and playing on exclusivity, Trump does nothing but reinvent access to power : Having a token is holding a ticket for the presidential table. Or almost.
An attractive idea for some, but which also raises ethical questions. Who really benefits from this evening? And what is money injected into these dinners?
According to Wired,, Some meetings with Trump, in Mar-A-Lago, monitor up to 5 million dollars the tête-à-tête. What tickle the curiosity of the taxman, and arouse the suspicions of regulators.
As Donald Moynihan, professor at the University of Michigan said:
What worries us is not the fundraising, but the privileged access and the influence it allows.
A crypto used as a key to political entrythat still josts the lines a little more.
But, in the crypto universe where promises are sometimes more than products, this kind of initiative finds its audience. After all, between the same tail or head and those who offer a dinner with an ex-president, the choice is quickly made.
Between backgrounds and fragile foundations
The $ Trump finds colorsbut the balance remains precarious. This raising illuminates, in parallel with the increase in the price of Bitcoin, does not make us forget the dizzying fall of the last months, with a price divided by ten from its summit. Because let us remember, at its peak, the crypto displayed a capitalization of $ 8 billion, against 2.7 billion today.
The event scheduled for May 22 in Washington therefore promises to The last poker blow to stabilize the dynamics of the same. “” This type of evening represents a new way of retaining investors in a world where speculation has become emotional », Analysis an observer in the sector.
But beyond the buzz, The fundamentals remain fragile : No case of concrete use, no technological innovation, only the promise of a dinner with Trump. A strategy based on personality more than on the project. Risk ? No doubt. Effective ? Until proven otherwise, yes.
The $ Trump seems to have understood one thing: in the world of cryptos, volatility is an asset, especially when it dresses in costume-tie and that it shakes your hand between two bites of cute net.
Remember, still last week, the figures were final: the $ Trump displayed a 90 %drop, or nearly 2 billion losses. Far from the gilding of the presidential table, some investors still haunt their wounds. But in an ecosystem where the irrational reigns, who knows? Maybe the simple fact of sitting next to Trump is enough to make the heart of the market beat.
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