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Trump whales load up ahead of Mar-a-Lago luncheon.

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Crypto Breaking News

Whale activity around the TRUMP memecoin has intensified in the lead-up to a high-profile luncheon for top holders at Mar-a-Lago, even as the token’s price retraces from a March spike. On-chain data tracked by analytics firms shows several large transfers and new stash increases among the largest wallets, underscoring the ongoing tension between demand from retail participants and the concentration of supply among a handful of holders.

blockchain analytics firm Lookonchain highlighted the latest moves, including a whale who withdrew 105,754 OFFICIAL TRUMP (TRUMP) from Binance to augment a stash of about 1.13 million TRUMP — roughly $3.2 million at current prices — reported on Sunday. Earlier in the week, another large holder pulled 850,488 TRUMP from Bybit. On Solscan, a different wallet increased its TRUMP balance to more than 368,000 after an exit from BitMart, while a fourth wallet boosted holdings to above one million TRUMP following a Bybit withdrawal. These movements come as the top holders are slated for a private luncheon at Trump’s Mar-a-Lago estate on April 25, with the event billed as featuring the former president as keynote speaker and a private reception for the top 29 holders.

Critics have argued that the event blurs political power with fundraising and personal gain, a concern echoed by lawmakers who have proposed measures aimed at curbing profits from memecoins tied to political figures. The White House has not commented on the memecoin’s fundraising optics, but the policy debate around memecoins remains a constant background theme in coverage of this asset class.

Source: Lookonchain

TRUMP price drift and what it implies for holders

The token’s price has cooled considerably since its March surge tied to the luncheon announcement. TRUMP traded near $2.80 on Monday, down more than 33% from its March peak of about $4.35. Data from CoinGecko shows the retracement, even as on-chain activity suggests ongoing accumulation among the largest holders.

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Analyst commentary from Dominick John at Zeus Research framed the move this way: the price decline appears driven by retail selling against a backdrop of thin liquidity, which makes it easier for modest selling pressure to push prices lower. He also noted that the insider supply overhang means even small distributions from concentrated wallets can absorb new bids, dampening upside momentum for the token.

CoinCarp’s data reinforces the sense of pronounced concentration: the platform lists 642,882 TRUMP holders, with more than 91% of the supply held by the top 10 wallets and over 97% held by the top 100 wallets. In other words, the distribution of supply remains highly centralized, a factor that can both stabilize and cap upside depending on how those wallets choose to act in any given moment.

Past milestones, present dynamics, and potential catalysts

Trump’s first “crypto gala” dinner in May 2025 marked a previous burst in TRUMP’s price, with the token peaking around $15.59 roughly a month before the event and then retreating in the run-up. In the months since, the price path has been markedly less pronounced, though traders and analysts have pointed to potential catalysts that could rekindle momentum. John at Zeus Research suggests that a broader market backdrop paired with event-driven announcements could help establish a usable floor for the token and stir reflexive upside among participants.

“One catalyst to watch is the potential for event-driven launches, such as a proposed Trump Billionaire Game, which could generate social buzz and translate into short-term upside momentum,” John said. He cautioned that the same concentration of supply could moderate gains if the large holders decide to distribute, even in the face of favorable headlines.

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Looking ahead, the upcoming luncheon and any related corporate or political announcements could act as a sentiment lever for the TRUMP token. If institutional interest begins to show in early accumulation or if broader memecoin activity heats up around the same time, a floor could form, enabling a more resilient bounce. But observers caution that absent a broader rebalancing of the supply base, gains may remain predominantly tied to the whims of the top holders rather than a healthy, broad-based retail demand story.

From a market structure perspective, the potential for new, high-profile launches tied to Trump’s brand in the crypto space could add a novel driver for short-term upside. Still, investors should contend with a highly concentrated holder base and liquidity that can tighten quickly during pullbacks, a dynamic that has underscored past price fluctuations.

Beyond price, regulatory scrutiny continues to loom. Democratic lawmakers have signaled an intent to curb profits from memecoins associated with political figures, a thread that could influence both participation and sentiment in the space over the medium term. As policymakers weigh proposals, traders and builders will be watching for any clarity on how such tokens should be treated under securities or commodity frameworks and whether targeted restrictions could alter the economics of large-scale memecoin holdings.

The TRUMP token’s appeal appears to rest as much on social momentum and media visibility as on fundamentals. The luncheon at Mar-a-Lago, the album of on-chain movements by large wallets, and the narrative around political branding in crypto all contribute to a multifaceted story that transcends a single price point. For readers, the key takeaway is to watch how the top holders’ decisions, new event-driven catalysts, and regulatory signals intersect to shape the token’s trajectory in the near term.

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In practice, the evolving mix of on-chain activity and market sentiment suggests that the next few weeks could be telling for TRUMP. If the pool of actively trading retail investors expands or if a credible new catalyst surfaces, the token could test a new range. If, however, the concentration among the top wallets remains a dominant feature, upside may be limited unless a decisive large-holder move triggers broader participation.

As always, readers should stay tuned to on-chain trackers and exchange flow summaries for the latest movements, while watching for any official commentary on the event’s political optics and potential regulatory implications that could influence investor appetite for memecoins tied to public figures.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Meta builds photorealistic AI Zuckerberg to engage employees in real time

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Meta builds photorealistic AI Zuckerberg to engage employees in real time

Meta Platforms is experimenting with AI to develop a new way for its chief executive, Mark Zuckerberg, to communicate with his staff without being physically present.

Summary

  • Meta Platforms is developing a photorealistic AI-powered 3D version of Mark Zuckerberg to enable real-time interaction with employees without physical presence.
  • The system is being trained on Zuckerberg’s voice, expressions, and communication style, with the goal of providing staff direct access to leadership for guidance and updates.
  • The initiative comes as Meta expands its social commerce tools, allowing creators to link product catalogues within Reels, turning content into shoppable storefronts across 22 countries.

A recent report by the Financial Times says the company is building a photorealistic, AI-powered 3D version of Zuckerberg, which would be capable of engaging with his employees in real time.

The system will be designed to simulate natural conversations, allowing staff members to interact with the digital representation of Zuckerberg, who can respond in a human-like manner.

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While still in early stages, the initiative signals Meta’s continued investment in virtual human systems that can speak, respond, and hold conversations across different environments.

The digital version is being trained using Zuckerberg’s voice, facial expressions, tone, and public speaking patterns. It is also learning from his recent statements on company strategy, so it can deliver responses aligned with his views. Reports indicate that Zuckerberg is actively involved in testing and refining the system.

Meta expects the tool to give employees real-time access to leadership for guidance, feedback, and updates. The company also sees it as a way to improve internal communication, especially given its global workforce, where direct interaction with executives is limited.

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However, it should be noted that creating such a system requires massive computing power to ensure lifelike visuals and low-latency conversations. Teams at Meta have been working to improve both rendering quality and voice realism. As part of this effort, the company has strengthened its capabilities through acquisitions such as PlayAI and WaveForms.

The project is separate from Meta’s internal CEO assistant agent, which helps Zuckerberg manage daily tasks and retrieve information. Unlike that system, the 3D model is focused on communication and interaction, and could eventually extend beyond internal use.

Once successful, the approach may open the door for creators and influencers to build their own AI-driven avatars to engage audiences. Meta has already taken initial steps in this direction through its AI Studio platform.

Meta pushes into social commerce to strengthen creator ecosystem

The development follows Meta Platforms’ expansion in social commerce by linking creators, artificial intelligence, and advertising more closely to purchasing activity across platforms like Instagram and Reels.

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A central part of the strategy involves increasing the role of creators in the shopping journey. Businesses in 22 countries, including India, will soon be able to share product catalogues directly with creators. These can then be tagged and linked within Reels, effectively turning content into shoppable storefronts.

The update would narrow the gap between entertainment and commerce, allowing users to move more seamlessly from discovery to purchase within the same interface.

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Crypto ETP Inflows Hit $1.1 Billion, Strongest Since January

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Crypto ETP Inflows Hit $1.1 Billion, Strongest Since January

Cryptocurrency investment products clocked significant inflows last week, marking their strongest weekly gains since January.

Global crypto exchange-traded products (ETPs) logged $1.1 billion in inflows last week, with Bitcoin (BTC) leading the gains with $871 million in inflows, CoinShares reported on Monday.

The inflows marked the second-biggest weekly gains in 2026 so far, following only the $2.17 billion in weekly inflows recorded in mid-January.

Weekly crypto ETP flows (in millions of US dollars). Source: CoinShares

CoinShares’ head of research, James Butterfill, attributed the spike in inflows to a rebound in investor risk appetite following tentative ceasefire developments in Iran, alongside support from softer-than-expected US inflation and spending data.

The inflows came amid volatility in spot markets, with BTC reclaiming $70,000 and briefly topping $73,000 last week, even as broader market sentiment remained negative, underscoring sustained institutional demand and resilience in regulated investment products.

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Ether ETP flows rebound, but year-to-date inflows are still negative

Ether (ETH) ETPs saw a strong rebound in sentiment with around $196.5 million in inflows, the first inflows after three consecutive weeks of outflows.

Despite the gains, Ether remains one of the only assets in a net outflow position year-to-date, at $130 million. In contrast, Bitcoin sits on the largest inflows this year so far at $1.9 billion and accounts for around 83% of the $2.3 billion in total crypto ETP inflows year-to-date.

Crypto ETP flows by asset (in millions of US dollars). Source: CoinShares

Although Bitcoin ETPs posted significant inflows, short-Bitcoin investors were also active last week, with weekly inflows totaling $20 million, their largest weekly inflows since November 2024, Butterfill noted.

Among other gains, XRP (XRP) ETPs posted inflows of around $19 million. Solana (SOL) saw minor outflows of $2.5 million.

Related: BlackRock Bitcoin ETF sees $269M inflows, best day since early March

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Regionally, positive sentiment was almost entirely concentrated in the US, which saw inflows of $1 billion, accounting for 95% of net weekly inflows. The majority of Bitcoin ETP inflows were driven by US spot BTC exchange-traded funds, which posted $786.3 million in inflows last week, according to SoSoValue data.

Germany recorded inflows of $34.6 million, while Canada and Switzerland saw more modest inflows of $7.8 million and $6.9 million, respectively.

Magazine: Your guide to surviving this mini-crypto winter