
Addentax Group Corp, a China-based textile and apparel company listed on Nasdaq under the ticker ATXG, is reportedly in talks to acquire approximately $800 million worth of cryptocurrencies, including around 8,000 Bitcoins and the Trump-affiliated memecoin $TRUMP, through the issuance of new shares. Despite having a market capitalization of just $4.4 million, Addentax plans this substantial purchase as part of its strategic investments. Meanwhile, the creators of the $TRUMP memecoin have invited the top 220 holders to an exclusive gala dinner with former US President Donald Trump on May 22 at the Trump National Golf Club near Washington. The top 25 holders will receive VIP access, including a special reception and a tour. Crypto traders who secured seats at the dinner reportedly profited significantly, with some earning up to $2.6 million from trading $TRUMP tokens. However, many of these investors have since sold off most or all of their $TRUMP holdings. The event has drawn a diverse group of attendees, including notable figures from the crypto community and supporters of Trump's political movement. The $TRUMP memecoin has faced criticism within the industry, with some describing it as lacking intrinsic value and likening it to a Ponzi scheme. This development occurs amid a shrinking Bitcoin market cap relative to other cryptocurrencies, although analysts do not necessarily see it as a sign of an impending altcoin season.







⚡️NEW: FT reports Trump dinner winners may have profited up to $2.6M from $TRUMP—most VIP wallets now empty. https://t.co/IQyiJVAIfP
听说有个群友要去川普晚宴了,打开一看 220 名门槛居然就 4000 颗 TRUMP 币,要早知道就套个保一鱼双吃,吃完费率再和老爷子去吃饭了。 这吃上就能吹一辈子,别的不说,这辈子美签不用担心续了,可惜可惜。
Bitcoin’s market cap is shrinking relative to other popular cryptocurrencies as Donald Trump backs away from his once-dizzying trade war. But that doesn't necessarily mean altcoin season is imminent, analysts said. https://t.co/zcsHw7dcUG