dinners – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Thu, 22 May 2025 17:11:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.8 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 dinners – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Justin Sunlink Wallet leads access to Trump dinners tagged as belonging to HTX https://earlybirdsinvest.com/justin-sunlink-wallet-leads-access-to-trump-dinners-tagged-as-belonging-to-htx/ https://earlybirdsinvest.com/justin-sunlink-wallet-leads-access-to-trump-dinners-tagged-as-belonging-to-htx/#respond Thu, 22 May 2025 17:11:01 +0000 https://earlybirdsinvest.com/justin-sunlink-wallet-leads-access-to-trump-dinners-tagged-as-belonging-to-htx/

Solana’s wallet is believed to have made Justin Sun the top holder for Trump Memecoin and Trump Memecoin’s top holder for a VIP reception with US President Donald Trump later Thursday.

Several blockchain explorers, including Arkham Intelligence and Solanafm, tagged wallets belonging to the Cryptocurrency Exchange, which recognized Sun as the leader of a 2023 blog post.

According to on-chain data, the address currently holds approximately $23.3 million worth of playing cards tokens, which will appear at the top of the event’s leaderboard. This is posted on the website Trump posted on his X account. The wallet is tagged with the “Sun.”

Sun, founder of Tron Blockchain, said on social media that he is the top holder of the sweepstakes. The sweepstakes reward large card token holders with access to events held at Trump-owned golf clubs near Washington, DC

HTX, formerly known as Huobi, was acquired in October 2022 by About Capital, a Hong Kong investment company. Sun denied that he was involved in the acquisition in an interview with Coindesk TV at the time. However, he joined the exchange as a member of the Global Advisory Committee. Huobi later identified Sun as the leader of the blog post.

In 2023, the platform was rebranded to HTX, a nod to HTX, Huobi, Tron and “Exchange.” At the time, the exchange pointed out “all the commitments of Tron.”

Sun’s connection to the Trump-related ecosystem also includes a $75 million investment in World Liberty Financial Tokens, a decentralized financial initiative supported by the president’s family.

The Chinese-born crypto billionaire was sued by the US Securities and Exchange Commission (SEC) under the Biden administration. Regulators alleged he was paying celebrities to “manipulate the market” of tokens tied to the venture and “advertise” those tokens.

The lawsuit is pending under the Trump administration’s SEC leadership as parties attempted to find a “potential resolution.” Under the current administration, regulators have dismissed several lawsuits and investigations against crypto companies such as Coinbase, Kraken and Uniswap.

Donald Trump’s Memecoin began earlier this year just days before the inauguration ceremony. It has received criticism between the crypto industry and lawmakers for the timing of the launch and the Trump-related allocation to insiders.

Trump is $14.64 at the time of writing transaction, an 11% increase over the past 24 hours.

]]> https://earlybirdsinvest.com/justin-sunlink-wallet-leads-access-to-trump-dinners-tagged-as-belonging-to-htx/feed/ 0 37715 80% surges on Trump: How exclusive dinners increased transactions on the chain by 200% https://earlybirdsinvest.com/80-surges-on-trump-how-exclusive-dinners-increased-transactions-on-the-chain-by-200/ https://earlybirdsinvest.com/80-surges-on-trump-how-exclusive-dinners-increased-transactions-on-the-chain-by-200/#respond Tue, 29 Apr 2025 07:01:29 +0000 https://earlybirdsinvest.com/80-surges-on-trump-how-exclusive-dinners-increased-transactions-on-the-chain-by-200/

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President Trump was held by President Trump for holders of the controversial memo coin Trump token. After being featured earlier this year, Trump prices have skyrocketed, moving from just $10 to over $70 per day.

However, things changed in the market later, with the token value dropping to $7. Crypto Market Overall it was sold. However, the president’s announcement revived interest in tokens and suddenly turned this decline in trend.

Exclusive dinner plans ignite card token activity

Over the weekend, Trump saw an impressive 80% uptrend and reached around $16. This revival was accompanied by a significant increase in transactions in the chain. It has been reported Market analysis company Kaiko.

On April 23, the team behind Trump’s Memecoin revealed plans for an exclusive dinner to accommodate top 220 owners. In particular, the owners of the top 25 will have a unique opportunity to meet President Trump himself.

Related readings

The announcement sparked a surge in activities that earned nearly 10,000 wallets that transferred card tokens that day alone. This is an increase of 200% from the previous day.

Transaction volume It surged to around $2.3 billion, marking the busiest day of the month. Interestingly, most of this volume comes from small holders, and the wallet contains under $100,000 playing cards tokens, which encourages activity.

The shift was particularly evident as the share of wallets that transfer small amounts of cards spiked from the usual 46% to 75% after dinner announcement. In particular, transactions under $1,000 account for 47.2% of active wallets, indicating a significant influx of small investors.

37% chance Bitcoin reaches $100,000 at the end of the month

The enthusiasm surrounding Trump was not limited to chain activity. Tokens recorded the highest daily trading volume Intensive exchange (CEXS) has overturned other major memokines, such as Dogecoin (Doge).

In fact, the president’s official cryptocurrency accounted for almost 50% of all memocoin trading volumes in the centralized exchange last Wednesday.

Trump
Trump trading volume on CEXS is skyrocketing. Source: Kaiko

The initial excitement is tapering, however, the report says, but there is a possibility of an updated activity as a deadline for eligibility for dinner approaches.

The rule provides that only the top 220 average owners between April 23 and May 12 will qualify, and will likely promote increased trading and movement of funds between holders.

Related readings

The recent surge in interest in Memecoin like Trump comes amid the wider bull run in the cryptocurrency market. Bitcoin’s revival.

Bitcoin’s dominance was reminiscent of the first half of 2021, as it began to move towards small cap assets, often referred to as the “altcoin season.” However, current market conditions suggest a different trajectory as Bitcoin maintains its base.

The options market shows great confidence in Bitcoin’s stability, especially with a notable increase in volume, surrounding $100,000. Strike Options It is set to expire on May 30th.

Current estimates suggest a 37% chance that Bitcoin will trade above $100,000 by the end of May, a promising outlook given the recent trading level is close to $74,000.

Trump
Daily charts show rising prices for Trump. Source: trapusdt on tradingView.com

Currently, Memecoin is trading at $14.29, pulling back 1.1% over the 24-hour time frame.

Dall-E featured images, charts on tradingView.com

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