All of them know that US President Donald Trump is a skilled politician as well as a good businessman. Now the price of $ Trump tokens has risen more than 50 percent of a decision after an announcement by Donald Trump. Significantly, Donald Trump launched a crypto token earlier this year before becoming President for the second time, named *$ Trump. The market cap of this crypto currency has now increased rapidly to several billion dollars. This crypto currency has been brought to Trump’s associate company CIC Digital LLC. The company previously marketed branded shoes and fragrane under the name of Donald Trump. Now there is a stir in the Crypto World regarding this token.
Trump will dinner with $ Trump holders
In fact, Donald Trump has announced that he is calling the top 220 holders of $ Trump at dinner. According to the information received, Donald Trump is calling his token $ Trump’s top 220 holders at dinner on 22 May and the luxurious dinner will be at the Trump National Golf Club of Washington DC. Also, the most special thing about this dinner is that the top 15 *$ Trump token holders will get a private meeting with Donald Trump and get the VIP White House Tour.
What is Trump MemeCoin?
MemeCoin is a currency in the Crypto World, built on the basis of funny or trend, Memecoin released by Donald Trump has become a serious option of investment for people. *$ Trump is now becoming popular only among Trump supporters, but also remains a topic of discussion among other investors. Ever since this dinner offer has been announced, its price has recorded a tremendous jump of up to 67 percent.
*Tremendous boom in the price of $ Trump
As soon as Donald Trump announced the dinner, the price of *$ Trump token rose from $ 9 to $ 13.13. Its price increased by more than 50 percent. Trading of over $ 276 million (about Rs 2,300 crore) was traded in just 24 hours.
Understand in easy words, what happens tokens
Actually, in the world of crypto currency, ‘tokens’ is a kind of digital currency, which we can buy and sell on the mobile app or website. Just as the price of gold and silver is up and down, similarly the price of these tokons also keeps increasing.
Crypto market can be slightly new and risky for the common people, so the complete information must be obtained before putting money in it.
Conclusion
The $ Trump token launched by Donald Trump has now become a new medium of publicity with being a digital property. The announcement of calling the top holders at dinner is in the headlines in the crypto market, due to which its prices also saw a sharp rise. However, it is necessary for ordinary investors to take precautions before putting money in any token. The fluctuations in the crypto market are very high and it can sometimes be harmful to take decisions.
Also read:New guidelines of binance on Crypto Switch in South Africa
