Trump claims crypto was born in the United States and sparks global controversy

Donald Trump's gala took place as planned, in a cozy atmosphere where spectacle often took precedence over reality. True to himself, Donald Trump delivered a dense speech, mixing politics, economics and ambitions around crypto. Very quickly, the scene went beyond the mundane framework to invite itself into the global debate. In the crypto-sphere, every word weighs, and this one would trigger a lasting shock wave.

An explosive statement that shakes the memory of crypto

During his speech, Donald Trump claimed that crypto was born in the United States, triggering an immediate reaction throughout the crypto-sphere. Indeed, this statement collides head-on with the well-known history of the crypto market, marked by the enigmatic Satoshi Nakamoto. No serious document links this creation to a specific territory, which makes Donald Trump's assertion particularly contested.

In the room, however, the audience remains won over, made up of 297 crypto investors sorted according to their exposure to the TRUMP token. The 29 most important benefit from privileged access, reinforcing the image of a closed circle where influence and capital merge. However, behind the scenes, crypto traders are already questioning the consistency of the message.

Donald Trump is not only talking about history, he is trying to redraw a narrative favorable to the American crypto industry. But this narrative strategy comes up against a community attached to decentralization. From then on, the divide clearly appears between political discourse and crypto culture, which fuels a persistent global controversy.

Behind the prestige, a TRUMP token in free fall

While Donald Trump celebrates American power in crypto, the crypto market is sending a much harsher signal. The TRUMP token is trading around $2.5, far from the high above $70 reached after its launch. This fall now exceeds 90%, which illustrates a massive loss of confidence among crypto investors.

The contrast becomes even more striking when we look at the numbers. Participants in the event hold around $29 million in tokens, compared to 148 million in the previous edition. This difference reflects a clear drop in conviction in the TRUMP ecosystem, despite the marketing efforts deployed.

Donald Trump, however, continues to orchestrate exclusive events, where gifts, watches and related objects attract attention. But in the crypto market, this strategy is no longer enough to support value. Like the underlines a participant :

As I recall, he didn't mention his memecoin once. The whole talk was about something else.

Source: Bloomberg / relayed testimony

Thus, the gap between spectacle and performance becomes impossible to ignore.

A lucrative mechanism that fuels controversy

Behind this staging, the economic machine linked to Donald Trump remains formidable in the crypto universe. Crypto activities associated with his entourage are said to have generated more than a billion dollars, including several hundred million directly linked to the TRUMP memecoin. This reality fuels an intense debate around the border between politics and private financial interests.

In this context, the Justin Sun affair adds additional tension. The investor accuses an entity linked to the Trump ecosystem of having frozen his tokens, citing questionable practices. He states in particular:

All I want is to be treated like other initial investors, no better and no worse.

Source: Cryptopolitan

Numerical benchmarks that speak for themselves

• The price of TRUMP is currently trading around $2.66;
• The all-time high exceeds $70 at the start of 2025;
• The total decline now exceeds 90%;
• 297 investors participated in the private event;
• Over $1 billion generated from related crypto activities.

Finally, Donald Trump embodies a central figure in this tension, between political influence and economic reality in crypto. The crypto market remains lucid, and investors are now observing every move with increased caution.

The current dynamic is reminiscent of a broader trend. Memecoins can see rapid rises, attracting crypto investors looking for quick gains. However, these surges are often followed by massive profit taking. In this game, speed is everything, and only the most reactive really succeed.