Is the first empowerment of $TRUMP here? Trump is said to hold a dinner for meme coin holders, but the coin price has already collapsed nearly 90% from its peak.

French Hill (Republican), chairman of the US House Finance Committee, rarely criticized the Trump family's cryptocurrency business, saying that it interfered with legislation; Senator Elizabeth Warren, a fierce crypto opposition, also slammed the Trump stablecoin USD1 stablecoin as a scam and urged amendments to the stablecoin bill to strictly regulate it. (Synopsis: News" Bitcoin miner Hut 8 cooperated with Trump's son to co-establish a new mining company "American Bitcoin") (Background supplement: The US stablecoin bill was choked as a "Trump Musk scam", and the crypto villain lawmakers warned: they will control the money of the whole people) US President Trump finally wants to empower his meme coin $TRUMP? At three o'clock in the afternoon of today (19th), X user trenchdiver posted that the Trump team seems to be preparing relevant web pages to hold an exclusive dinner for token holders. However, the site is currently password protected, so the details have not been made public. After the news was announced, the $TRUMP token price seemed to be a little incentive, but not too much. CMC data shows that $TRUMP is now trading at $8.41 before the deadline, but has lost nearly 90% of its all-time high of $75. An X netizen responded that even if the event is really held, it is the "most expensive dinner in history", reflecting the helplessness of investors being cut as leeks. Exclusive Story: President Trump plans to host a dinner for large token holders of $TRUMP coin. The Trump team is working on the webpage for it: It is password protected on Vercel so there's not much other info. Disclaimer: This post is for educational… pic.twitter.com/0GuITyHpLm — trenchdiver (@trenchdiver101) April 19, 2025 $TRUMP Can Empowerment Save Price? On the other hand, even if Trump does plan to hold a dinner party, it is still doubtful whether it can reverse its downward trend. After all, historically, celebrity endorsements have often pushed up the price of meme coins in the short term, and the subsequent trend has usually been poor. The performance of Trump's NFT collection has also fallen sharply since its launch in 2022, and the floor price and transaction volume are now almost zero. In the long run, unless Trump can give the token more utility applications and the market recovers, there may be a chance to turn around. The Trump family issued a series of Crypto projects, hundreds of millions of dollars fell into the pocket But while most investors may lose a lot of money, the Trump family has made a lot of money. From NFTs, meme coins, its family's DeFi project World Liberty Financial, to the recent announcement by bitcoin miner Hut 8 Corp. (HUT) of a partnership with Trump's two sons to launch a new mining subsidiary, American Bitcoin. Trump and his family have netted at least hundreds of millions of dollars from such activities, worthy of being businessmen. Related Stories The Trump Family's New Crypto Layout: Can USD1 Stablecoins Stir Up the Market? SEC new chairman "cutting leeks"? Senator Warren kicked out: Paul Atkins and FTX, Justin Sun, Trump coin in the same stream Senator Lummis resubmitted the bill allowing the United States to reserve 1 million bitcoins: ensuring US financial leadership U.S. senators propose a new draft of "stablecoin regulation": improve financial transactions, create new opportunities for U.S. debt, bipartisan cooperation to legislate before the end of the year $TRUMP first empowerment? Trump will hold a dinner party for meme coin holders, but the price of the coin has reached a high point of nearly 90%" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".