Another Crypto Move from Donald Trump: The Rise of the TRUMP Token
In a bold fusion of politics, technology, and high finance, former U.S. President Donald Trump is set to preside over the “Cryptocurrency and Artificial Intelligence Innovators” dinner — an exclusive event with a staggering price tag of $1.5 million per guest, according to a recent report from CNBC.
Organized by the pro-Trump super PAC, MAGA Inc., the dinner stands out as one of the most expensive political fundraisers in recent U.S. history. This marquee event not only highlights Trump’s increasing engagement with emerging technologies but also underscores the growing political influence of the crypto and AI sectors.
Joining Trump at the high-profile gathering is renowned tech investor and venture capitalist David Sacks, whose deep ties within Silicon Valley and Washington have been warmly embraced by the crypto community. Sacks has been instrumental in pushing for regulatory reforms favorable to digital assets — a sharp departure from the more measured approach taken by the Biden administration. His involvement signals a strategic alignment between Trump’s political ambitions and the interests of blockchain innovators.
Beyond the May 5th dinner aimed at affluent political donors, Trump is also gearing up for another crypto-centric event later this month. On May 22, he will host a unique gathering designed specifically for so-called “memecoin millionaires.” Unlike traditional fundraisers, this event will forgo cash donations entirely — requiring attendees to hold TRUMP tokens as their ticket of entry. This groundbreaking move highlights an emerging trend in political fundraising: embracing blockchain-native models and digital assets to engage tech-savvy supporters.
While MAGA Inc. continues to rake in millions through these exclusive events, the super PAC maintains transparency about how it allocates and spends its sizable contributions.
Dіѕсlаіmеr:
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