Donald Trump will earn millions of dollars on cryptocurrency in May

This month, US President Donald Trump is planning to hold two separate events for representatives of the cryptocurrency community. The first one is a private «Cryptocurrency and Artificial Intelligence Innovators Dinner» that took place on May 5. The cost of participation in the event was $ 1.5 million per person. Among the guests was Trump’s advisor on AI and crypto assets David Sachs, and the event was organized by MAGA Inc.

The second event will take place on May 22 and will be available exclusively to the largest holders of the TRUMP meme coin. It is expected that 220 top token holders will receive invitations to the gala dinner. TRUMP itself is currently trading at $ 10.98, although its price has fallen by more than 21% over the past week.

Trump’s actions did not go unnoticed in American politics. Earlier, the April gala dinner for TRUMP’s owners was harshly criticized in the Senate, where the VIP meal was called «the most significant reason for impeachment in history.» In response, Trump said that he does not profit from the sale of the token and does not personally deal with it.

Such events demonstrate the increasingly close relationship between politics and the cryptocurrency industry, especially as the election approaches and interest in digital assets among campaign contributors grows.