Although the identity of most of the main owners of US President Donald Trump is still unknown, blockchain data have shown significant outings in the last seven days – a period during which he announced a dinner and a white house visit for some tokens.
According to data from the Nansen blockchain analysis company on April 25, the Trump Imecoin had experienced more than $ 869 million in outings in the last seven days, against around 96 million dollars at the start of the 500 main changes. Some changes have followed Trump announcing that the 220 Trump holders could apply to meet him at a golf club dinner in Washington, DC, with less opportunities for a white house visit.
“It is clear that more people took the opportunity to unload their Trump tokens than new buyers,” said Nansen. “There is always a certain interest – either a) to secure the ticket for dinner, or b) to take advantage of price volatility.
Launched in January before Trump took up his duties, his same and that of his wife, Melania, saw criticisms on the part of the American legislators and leaders of the cryptographic industry for conflicts of potential interests. At the time of publication, the identity of many of the best token holders and those who could apply to attend the dinner were unknown.
Who is investing in Trump’s same?
As of April 25, the Top Tokenholder had 1,176,803 Trump Memecoins worth around 16 million dollars at the time of publication. The portfolio holder, under the name of user “Sun”, had led to speculations that the founder of Tron Justin Sun – a supporter and investor of Trump in the cryptographic society supported by the Trump family, World Liberty Financial – could be among the participants in the dinner. Cointelegraph contacted Sun’s team to comment but had not received an answer at the time of publication.
https://www.youtube.com/watch?v=Sumyssrjvzm
In relation: The Trump Memecoin team denies rumors of $ 300,000 for dinner
The other tokens holders included user names like “Elon” and “Doge”, although it is not clear if Tesla CEO, Elon Musk, also defender of Dogecoin (DOGE), was involved in the project. The team behind the Trump token controls 80% of the total supply, which has enabled many criticisms to suggest that Trump or someone in his family could still rug investors.
Before the 2024 elections, Trump organized a similar dinner on his Mar-A-Lago property in Florida with supporters who bought non-buttons representing his mugshot when he arrest for having pretended to overthrow the results of the 2020 elections. We do not know if one of the same people who attended the May 2024 event are among the best holders of Trump Memecoin.
Review: Trump crypto companies raise conflicts of interest, initiate negotiation issues
