President Donald Trump to Hold an Exclusive Dinner For Top 220 $TRUMP Token Holders on May 22

Monicah W

Crypto News Today Pro-Crypto Leaders Take Over White House Under Trump

The post President Donald Trump to Hold an Exclusive Dinner For Top 220 $TRUMP Token Holders on May 22 appeared first on Coinpedia Fintech News

  • The top 220 $TRUMP holders by May 12 will be eligible for the Gala dinner at the Trump National Golf Club in Washington D.C.
  • On-chain data shows a renewed interest in $TRUMP memecoin amid an ongoing crypto bullish outlook.

The President of the United States Donald Trump will host an exclusive dinner for the top 220 holders of the Official Trump ($TRUMP) memecoin next month. According to the announcement, President Trump will host a crypto dinner in Washington D.C. on May 22, 2025.

To select the lucky few, a real-time leaderboard was unveiled on Wednesday, where users can register and compete for the top 220 positions. Furthermore, the $TRUMP leaderboard will end by May 12, with the top 25 holders earning a VIP reception with the president and a special tour of the White House.

“This is 100% real. Details about the $TRUMP Gala Dinner will be posted on the official $TRUMP website and shared across all verified $TRUMP social media channels,” the announcement noted.

Whale Investors Scramble for $TRUMP Memecoin

Following the announcement of the Trump Gala dinner, on-chain data showed a sharp uptick in whale activity seeking to accumulate the TRUMP memecoin. For instance, Lookonchain spotted a whale investor who spent $5 million to purchase 407,467 TRUMP tokens at about $12.27.

However, some investors sold their TRUMP tokens before the announcement, thus missing out on the palpable gains. 

Nevertheless, the FOMO triggered by the Trump dinner news will catalyze more bullish sentiment and attract more investors in the near term.

Market Picture

The $TRUMP memecoin rallied more than 70 percent in the past 24 hours to trade at about $13.65 at the time of this writing. The mid-cap Solana-based memecoin, with a fully diluted valuation of about $13.5 billion, recorded a 400 percent surge in its 24-hour average trading volume to hover around $3 billion at the time of this writing.

Following the notable TRUMP price rebound in the past two weeks, it is safe to say that the memecoin has possibly kickstarted a fresh bull rally. Moreover, the four-hour Relative Strength Index (RSI) has been forming a bullish divergence and spiked above the 70 percent level for the first time in 2025.

Additionally, the four-hour MACD indicator has already flipped bullish after multi-weeks of signaling bearish sentiment.

Related Posts

Breaking: Canary Capital Amends Solana ETF Filing To Include SOL Staking

Canary Capital has filed an amended version of its Solana ETF with the US Securities and Exchange Commission (SEC) to improve the fund’s offerings. As part of the amendment, the asset manager has updated the ETF’s name to reflect its new partnership with Marinade Finance for SOL staking. Canary Capital Files Amended Solana ETF Prospectus A recent SEC filing shows that the asset manager has filed an amended version of the registration statement for its SOL ETF. As part of the changes, Canary Capital has changed the fund’s name to ‘Canary Marinade Solana ETF.’   As Bloomberg analyst James Seyffart noted, the amendment reflects the partnership with Marinade Finance for SOL staking in the ETF wrapper. The Solana DeFi protocol had also teased about the partnership yesterday, while hinting at a big announcement today. The Gensler-led administration had pushed back against staking being included in any ETFs, which is why… Read More at Coingape.com

The post Breaking: Canary Capital Amends Solana ETF Filing To Include SOL Staking appeared first on CoinGape.

MultiBank (MBG) Token Analysis: A Standout Opportunity in the CEX Token Landscape

multibank-group

The post MultiBank (MBG) Token Analysis: A Standout Opportunity in the CEX Token Landscape appeared first on Coinpedia Fintech News

After examining the major centralized exchange tokens like BNB, OKB, CRO, and others, MultiBank’s MBG token emerges as a particularly compelling opportunity that combines institutional credibility with innovative tokenomics. Here’s an in-depth analysis of why MBG stands out in the current market landscape.

I. Tokenomics: Strategic Scarcity by Design

MBG’s tokenomics structure appears more aggressive in its deflationary approach than most established CEX tokens:

  • Buyback & Burn Mechanism: Up to 50% of the token supply is designated for buyback and burn, directly tied to trading volume across the MultiBank ecosystem. This significantly outpaces BNB’s burn rate (which aims to eventually burn 50% of initial supply to reach 100M tokens) and exceeds MEXC’s 40% profit allocation for burns.
  • Volume-Based Burns: By linking burns directly to trading activity rather than just quarterly profits, MBG creates a more immediate and transparent relationship between platform success and token value.

This aggressive deflationary model could accelerate scarcity, potentially driving price appreciation more rapidly than competitors if trading volume meets expectations.

II. Utility: Multi-Dimensional Value Creation

MBG integrates multiple utility functions that have proven successful across other CEX tokens:

  • Trading Fee Discounts: Similar to BNB and OKB, incentivizing platform usage
  • Staking Rewards: Creating passive income opportunities for holders
  • Exclusive IEO Access: Following the successful model of Binance Launchpad and MEXC Kickstarter
  • Social Trading Boosts: A unique feature that differentiates it from other CEX tokens

What’s notable is how MBG has integrated the most successful utility elements from various exchanges while adding unique features that align with modern trading behaviors like social trading.

III. Institutional Credibility: The TradFi Advantage

This is where MBG truly distinguishes itself from most CEX tokens:

  • Established Financial Infrastructure: Backed by MultiBank Group with $4.5 trillion traded in 2024
  • 17 Regulatory Licenses: Spanning five continents, demonstrating global compliance
  • Two Decades of Financial Operations: Unlike many crypto projects with limited operational history
  • Multiple Exchange Licenses: VARA, AUSTRAC, and FSAS regulated

While tokens like BNB have faced ongoing regulatory scrutiny and uncertainty, MBG begins with established regulatory compliance, potentially offering greater stability and institutional confidence.

IV. Market Positioning: The RWA Bridge

MBG is strategically positioned at the intersection of two powerful trends:

  1. CEX Token Utility: Leveraging the proven business model of exchange tokens
  2. Real World Asset (RWA) Integration: Connecting to traditional finance at a time when the market is increasingly focused on bridging TradFi and DeFi

This dual positioning is unique among CEX tokens, most of which lack the regulatory framework and TradFi connections to meaningfully participate in the RWA narrative.

V. Growth Potential: Early-Stage Opportunity

Unlike established CEX tokens with mature valuations, MBG represents an early-stage opportunity:

  • Market Cap Differential: Compared to BNB’s $85+ billion market cap, MBG has substantial room for growth if it captures even a fraction of that value
  • Expanding User Base: As MultiBank transitions its existing TradFi clients to its crypto exchange
  • Cross-Selling Potential: Ability to market to both crypto natives and traditional finance participants

VI. Comparative Advantage Analysis

When compared directly to leading CEX tokens, MBG offers several distinct advantages:

Feature MBG (MultiBank) BNB (Binance) OKB (OKX) CRO (Crypto.com)
Regulatory Standing 17 licenses across 5 continents Regulatory challenges in multiple jurisdictions Some regulatory hurdles Regulated but less extensive
TradFi Integration Direct connection to $4.5T trading volume Limited TradFi connections Limited TradFi connections Some TradFi features via card offerings
Burn Mechanism Up to 50% of supply, volume-linked Quarterly burns, aiming for 50% reduction total 30% of spot trading fees 20% of transaction fees
Growth Stage Early-stage opportunity Mature market leader Established mid-cap Established mid-cap

VII. Risk Assessment

While the opportunity appears compelling, potential risks should be considered:

  • Execution Risk: Successfully transitioning from TradFi to crypto requires different expertise
  • Competitive Landscape: Established CEX tokens have first-mover advantage and user loyalty
  • Crypto Market Cycles: All tokens are subject to broader market trends and volatility
  • Regulatory Evolution: Despite strong compliance, the regulatory landscape continues to evolve

VIII. Strategic Opportunity: Why Now?

MBG represents a unique opportunity at this precise moment for several reasons:

  1. RWA Market Timing: The market is increasingly focused on regulated, institutional-grade crypto offerings
  2. TradFi Adoption Curve: We’re at an inflection point for traditional finance entering crypto
  3. CEX Token Maturity: The model has been validated by successful predecessors like BNB
  4. Early Entry Point: Before the token achieves the recognition and valuation of established alternatives

IX. Conclusion: The MultiBank Advantage

MultiBank’s MBG token represents a compelling opportunity that combines the best elements of established CEX token models with unique advantages:

  • The aggressive deflationary tokenomics of MBG exceed industry standards
  • Its multi-dimensional utility incorporates proven features while adding innovative elements
  • Unparalleled regulatory standing and TradFi integration address key concerns in the crypto market
  • Strategic positioning within the RWA narrative differentiates it from other CEX tokens
  • Early-stage entry potential offers significant upside compared to mature CEX tokens

For investors seeking exposure to the CEX token sector, MBG offers a unique value proposition that merges institutional credibility with crypto innovation at an early stage of development. The combination of established TradFi infrastructure, aggressive tokenomics, and comprehensive utility creates a potentially powerful value proposition in the current market environment.

The post MultiBank (MBG) Token Analysis: A Standout Opportunity in the CEX Token Landscape appeared first on Coinpedia Fintech News
After examining the major centralized exchange tokens like BNB, OKB, CRO, and others, MultiBank’s MBG token emerges as a particularly compelling opportunity that combines institutional credibility with innovative tokenomics. Here’s an in-depth analysis of why MBG stands out in the current market landscape. I. Tokenomics: Strategic Scarcity by Design MBG’s tokenomics structure appears more aggressive …

Sonic Blockchain Hits $1 Billion TVL in Just 66 Days Amid Crypto Market Turmoil

The crypto market in 2025 is facing intense turbulence. The capitalization of once-hot trends like meme coins has plummeted. Capital has flowed out of decentralized finance (DeFi) protocols, driving DeFi’s total value locked (TVL) down from $120 billion to around $87 billion.

In this context, Sonic stands out. It has consistently hit new TVL highs, reaching $1 billion in April after growing nearly 40 times since the beginning of the year. So, what makes Sonic a bright spot amid a stormy market?

Investors Are Pouring Capital into Sonic

Sonic has made its mark with a rapid TVL growth rate, far outpacing better-known blockchains. According to DefiLlama, Sonic reached $1 billion in TVL within 66 days. In comparison, Sui took 505 days, and Aptos needed 709.

Race to $1 Billion in TVL. Source: Decentralised
Race to $1 Billion in TVL. Source: Decentralised

This achievement reflects strong capital inflows into the Sonic ecosystem despite the broader DeFi trend of capital withdrawal. Data from Artemis supports this, ranking Sonic as the second-highest netflow protocol this year—trailing only Base, a blockchain backed by Coinbase.

Top 20 Net Flows. Source: Artemis
Top 20 Net Flows. Source: Artemis

The growth goes beyond TVL numbers. Sonic’s ecosystem is attracting various projects, including derivatives exchanges like Aark Digital and Shadow Exchange and protocols such as Snake Finance, Equalizer0x, and Beets. These projects still have small TVLs, but they have the potential to draw new users and capital, fueling Sonic’s momentum.

However, the question remains: Can this capital inflow remain sustainable while the market fluctuates?

Andre Cronje on Sonic’s Potential and Strengths

Andre Cronje, the developer behind Sonic, shared his ambition in an interview to push this blockchain beyond its competitors.

“Sonic has sub-200 millisecond finality, faster than human responsiveness,” Andre Cronje said.

According to Cronje, Sonic isn’t just about speed. The platform also focuses on improving both user and developer experience. He explained that 90% of transaction fees go to dApp, not to validators, creating incentives for developers to build.

Unlike other blockchains, such as Ethereum, which are limited by long block times, Sonic leverages an enhanced virtual machine that theoretically processes up to 400,000 transactions per second. Cronje acknowledges, however, that current demand has yet to push the network to its full capacity. Still, these technical advantages make Sonic a compelling option for developers seeking more user-friendly dApps.

He also revealed new features on Sonic that have the potential to attract users.

“If your first touch point with a user is to download this wallet and then buy this token on an exchange, you’ve lost 99.9% of your users. They’ll use their Google off-email password, fingerprint, face, whatever it is, to access the dApp and interact with it, and they’ll never need to know about Sonic or token,” Andre Cronje revealed.

Risks and Challenges Ahead

Despite reaching impressive milestones, Sonic is not immune to risk. The price of its token, S, has declined significantly from its peak. According to BeInCrypto, it has dropped around 20% in the past month—from $0.60 down to $0.47—mirroring the broader market’s volatility.

Sonic (S) Price Performance. Source: BeInCrypto
Sonic (S) Price Performance. Source: BeInCrypto

Furthermore, Grayscale recently removed Sonic from its April asset consideration list. This decision reflects a shift in the fund’s expectations and raises concerns about Sonic’s ability to maintain its TVL should investor sentiment deteriorate.

Sonic also faces fierce competition from other high-performance chains like Solana and Base. Although Sonic holds a clear advantage in speed, long-term user adoption will depend on whether its ecosystem can deliver real value, not just high TVL figures.

The post Sonic Blockchain Hits $1 Billion TVL in Just 66 Days Amid Crypto Market Turmoil appeared first on BeInCrypto.