Trump Media Denies Explosive $3B Crypto Venture Rumors—’Nothing to See Here’
Another day, another denied crypto moonshot—this time with a political twist. Trump Media swiftly shot down reports of a $3 billion digital asset play, leaving speculators scrambling and meme coins sweating.
Wall Street shrugs: ’Just add it to the pile of vaporware billion-dollar crypto promises.’
Trump Media Backlash Amid Meme Coin Dinner
Opposition has intensified in recent weeks, with some members staging protests in response to President Trump’s high-profile meme coin dinner.
In late April, U.S. Senator Jon Ossoff of Georgia expressed support for the impeachment of President Donald Trump, citing concerns over the meme coin dinner which was attended by major holders of the TRUMP meme coin. Ossoff noted the gathering as a key factor in his decision, raising questions about potential conflicts of interest and the president’s involvement in crypto-related activities.
Ossoff further condemned Trump as “selling access” to the presidency. “When the sitting president of the United States is selling access for what are effectively payments directly to him. There is no question that that rises to the level of an impeachable offense,” Ossoff stated.
President Trump’s meme coin dinner hasfrom several attendees, who described the dining experience as underwhelming. The quality of the meal has prompted some to question whether the substantial investments made in the TRUMP meme coin made by the attendees, which secured them an invitation, were justified.
Additionally, President Trump faced criticism for his speech during the event, with one internet personality describing the speech as “pretty much bullshit.” Attendees noted that Trump read from a prepared script and made broad statements about cryptocurrency, referring to it as something that may be “special.” He reportedly left the venue immediately after his address, prompting further disappointment among guests.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the shiba inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
