The cryptocurrency industry is set to celebrate Donald Trump's inauguration with the first-ever Crypto Ball in Washington, D.C. The event, scheduled for January 17, is hosted by tech investor and Trump-appointed AI and crypto czar David Sacks. Tickets for the black-tie event range from $2,500 to $1 million, with the lower-priced tickets already sold out. The Crypto Ball is supported by major crypto firms including BTC Inc., Kraken, and Coinbase, and is also backed by the Stand With Crypto PAC. In a related development, the MAGAVERSE team, associated with a meme coin project with the ticker $MVRS, donated $1 million to Trump-backed organizations around the inauguration, matching the contributions of industry leaders like Mark Zuckerberg and Jeff Bezos. This donation, as stated by MAGAVERSE community leader Lee Hutchinson, marks a significant gesture from the crypto community towards Trump's administration, which is seen as pro-crypto. Snoop Dogg is reportedly set to perform at the Crypto Ball.