Trump to Raise Millions From Two Crypto Dinners: Report
U.S. President Donald Trump is set to raise millions of dollars this month through two high-profile, crypto-focused fundraising dinners — one targeting wealthy political donors and another for top holders of his TRUMP memecoin.
Monday’s “Crypto & AI Innovators Dinner” dinner, held to raise funds for the MAGA Inc. super PAC, charged $1.5 million a plate, CNBC reported.
The May 22 dinner for the 220 top TRUMP memecoin holders has already driven up demand for the token, whose value surged more than 50% after its announcement.
“I’m not profiting from anything,” Trump said in response to questions about his memecoin from an NBC News Meet The Press journalist. “All I’m doing is, I started this long before the election. I want crypto. I think crypto’s important because if we don’t do it, China’s going to. And it’s new, it’s very popular, it’s very hot.”
“But I want crypto because a lot of people, you know millions of people want it,” he said.
Show original
18.82K
4
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.