Forbes Reporter: When the TRUMP token was released, Trump was holding a celebration with leaders of the American cryptocurrency industry in Washington
Forbes reporter Eleanor Terrett reported on the X platform that Trump announced the release of this token himself at 9:45 Friday night Eastern Time through his Truth Social and X accounts, while industry bigwigs were celebrating his return to the White House at the first cryptocurrency ball held in Washington D.C.
It is reported that attendees of the ball included CEOs from various crypto platforms, politicians, several new members of Trump's cabinet and his son Donald Trump Jr. After news of the token issuance came out, some attendees expressed skepticism, speculating that the account of the president-elect had been hacked. Donald Trump Jr. may have known about this news; he was isolated in a dedicated VIP area. It is currently unclear whether he has discussed "Trump Coin" with anyone there.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: The market is betting on $80,000 as strong support and $100,000 as strong resistance

Santiment: "Buy the dip" strategy is fading as Ethereum approaches the strong resistance zone at $3,200
Arthur Hayes: Maybe Monad can unlock all tokens and retain users, challenging Ethereum and Solana
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.