TRUMP Token soars 6% on $300 Million Chinese Investment

The TRUMP token experienced a significant surge in value, rising 6% following an investment of $300 million from GD Culture Group (GDC), a Nasdaq-listed firm with Chinese ties. The investment is aimed at Bitcoin and the TRUMP memecoin, bolstering the token’s price ahead of Donald Trump’s upcoming crypto dinner on May 22nd. GDC plans to utilize these funds for both official TRUMP tokens and Bitcoin as part of their overall investment strategy. 18-month analysis shows a significant increase in TRUMP value from earlier this year, with investors responding to the new fund allocation.