Numerous reports suggest that former President Donald Trump has thrown a lavish gala event for top investors in his sponsored memecoin, the $TRUMP coin. This event has raised multiple ethical considerations, sparking investigations and backlash mostly from Democrats. Top crypto industry figures including Tron founder Justin Sun, who topped the $TRUMP memecoin holders rankings, attended the high-level meeting. However, the gala dinner has not been exempt from controversy, as small business owners gambled heavily on the cryptocurrency in hopes of grabbing the President's attention, despite no certainty over their invite. Various critics and lawmakers have flagged selling access as a corrupt practice, and the situation has also led to public protests. Interestingly, attendees of the event received special
NFTs, with the rarest one trading for $16,000. In the midst of this polarizing situation,
GALA and JasmyCoin (JASMY) look ready for potential market breakouts, with price targets set at $0.07 and $0.03 respectively. The $TRUMP memecoin's price experienced significant volatility around the event, had a decline in price following the gala and saw a high volume of tokens offloaded by holders. A prompt revealing Trump's memecoin gala was also leaked.
GALA Coin News Analytics from Thu, 10 Apr 2025 07:00:00 GMT to Wed, 04 Jun 2025 18:32:53 GMT -
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