If you put $1K in Official Trump when crypto dinner was announced, here’s your ROI
Summary ⚈ TRUMP coin has spiked after dinner invite as Trump’s announcement for top token holders sent the meme coin up 75%, turning $1k into nearly $1,750 at peak. ⚈ Whales cashed in with large investors capitalizing on the hype, including one trader who profited nearly $670,000. ⚈ Ethics backlash has emerged as critics warn the event could enable pay-to-play politics and violate ethics rules. Investors who bought $1,000 worth of the Official Trump (TRUMP) meme coin when Donald Trump announced an exclusive dinner for the top 220 token holders would have recorded a solid return on investment. When Trump announced the dinner on April 23, the Solana (SOL)-based meme coin was trading at $9.15. By press time, TRUMP had risen 22.5% to $11.21, reaching a peak of $16 on April 26. TRUMP one-month price chart. Source: Finbold For those who held TRUMP from April 23 to May 5, the 22.5% gain would have turned a $1,000 investment into $1,225. Meanwhile, investors...