Beyond the much awaited Donald Trump’s Crypto Dinner, the GD Culture Group (GDC), a Nasdaq-listing holding company, which is with Chinese relations, has announced a plan to invest $ 300 million in trump tokens and bitcoins.
Inspired by this significant development, Trump Token Price rebounded from its recent downtrend, increased by 6% in the last 24 hours. Recent investment news and subsequent price growth has further enhanced the interest in Trump tokens before the Crypto dinner organized by President Donald Trump.
GDC investment fuel trump price hike
Earlier this month, confirmation of a special dinner with Donald Trump promoted a price rally for $ Trump. Now, the news of GDC investment related to sugar in tokens has also received a similar response. Rentally, the company aims to build a long -term crypto reserve, indicating confidence in the future of cryptocurrency and decentralized finance.
As Official filingThe GDC revealed that the investment would be funded through a stock purchase agreement with the British Virgin Island-based investor, promising to provide up to $ 300 million. In addition, the firm claimed, “The company plans to invest in bitcoin and official trump and to use income from offering for general corporate purposes.”
This development has greatly promoted the Trump coin price growth despite the recent improvement. After being one of the top losers yesterday, the tokens today bounced back, possibly due to the GDC deal.
Trump crypto dinner grows
Between this trump token investment, surrounding expectation Trump Crypto Dinner is increasingThe crypto dinner, set for 22 May, will bring the top 220 trump coin holders together for a private program with President Trump. With its remarkable performance, analysts have estimated the highest rally of Trump Memcoin, especially with a special Crypto Dinner event.
$ 13- $ 14 range in trump token price stalls
Yesterday, the Trump token fell to about 6% and reached a low of $ 12.22, only to bounce back today. Currently, the token value is $ 13.55, 6.11%. In the last one week and month, the Trump coin has experienced a significant increase of 23.28% and 61.8%. Tokens have seen a high In the previous week in $ 15.07, its price is mostly ups and $ 14.
Ninu V Jamal
Ninu V Jamal is an emotional crypto journalist with a three -year experience in Blockchain, Web 3 and Fintech regions. He has established himself as a knowledgeable and attractive voice in cryptocurrency and blockchain space. His experience as an assistant professor in English language and literature has added more in search of informative, well research and accessible material.
Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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