News linked to both this project and an event.
Odaily Odaily: U.S. President Trump stated at a private event for TRUMP Meme coin holders held at his Mar-a-Lago estate in Florida that the White House will not allow banking lobbying groups to hinder the progress of the crypto market structure bill, the Digital Asset Market Clarity Act. He said the crypto industry has entered the mainstream, declaring "America is the leader in crypto," and that banks should not obstruct the establishment of stablecoin and crypto regulatory frameworks.Dubbed the "most exclusive meeting in the world," the event invited hundreds of large TRUMP coin holders. Guests included Tether CEO Paolo Ardoino, Ark Invest founder Cathie Wood, Anchorage Digital CEO Nathan McCauley, and boxing champion Mike Tyson. Previously, the U.S. banking industry had expressed concerns that stablecoin reward mechanisms could impact traditional deposit businesses, which had slowed the legislative process. (CoinDesk)
According to Cointelegraph, the TRUMP token surged 50% following its March announcement of a luncheon at Mar-a-Lago but has since declined over 33% as of this Monday, currently trading at $2.80. Blockchain analytics firm Lookonchain reported that several crypto whales have recently withdrawn large quantities of TRUMP tokens from exchanges including Binance and Bybit; some individual addresses now hold over 1 million TRUMP tokens—valued at approximately $3.2 million. The luncheon is scheduled for April 25, with the top 297 TRUMP holders invited to attend, and the top 29 eligible for a private reception. CoinCarp data shows that over 91% of the token supply is concentrated in the top 10 wallets. Analysts note that limited market liquidity and high concentration of holdings amplify price volatility, and future price movements may be driven by the U.S. midterm elections and related events.