Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
TikTok Owners Behind Massive $300M Investment in Trump Coin
By: crypto news flash|2025/05/14 22:15:05
0
Share
The token’s market cap has soared to $2.72 billion, amplifying excitement ahead of the May 22 Trump crypto dinner for the top 220 TRUMP coin holders.TRUMP’s price is consolidating above $13, with analysts projecting a climb to $24.58 in the coming weeks.GD Culture Group (GDC), a Nasdaq-listed Chinese firm and the owner behind the popular social media platform TikTok, recently disclosed its $300 million investment in the TRUMP coin, along with Bitcoin. As a result, the TRUMP price has gained 6.4% in the last 24 hours to $13.63, with its market cap soaring to $2.72 billion.Recent investment developments and the subsequent price rally have amplified excitement around the TRUMP coin, coinciding with the upcoming crypto dinner hosted by President Donald Trump.GDC Secures $300M Investment in TRUMP CoinIn its official filing, the GDC Group announced plans to fund its latest investment in TRUMP Coin via a stock purchase agreement with a British Virgin Islands-based investor, who has committed up to $300 million. The company further added that the “Proceeds from the offering, if any, will be used to invest in Bitcoin, OFFICIAL TRUMP, and for general corporate purposes.”Amid the growing excitement around the TRUMP token, analysts’ expectations of it reaching new highs are growing further ahead of the upcoming Trump crypto dinner, scheduled for May 22. As highlighted in the previous story, the exclusive event will host the top 220 TRUMP coin holders for a private gathering with President Donald Trump.The recent crypto acquisition by GDC Group will further solidify its affiliation with the world of blockchain and decentralized finance (DeFi). Additionally, the company will also advance its digital transformation through its subsidiary, AI Catalysis, which focuses on live-streaming e-commerce, as reported by CNF in the previous story.Chairman and CEO Xiaojian Wang characterized the move as a forward-looking initiative designed to capitalize on prevailing market trends. “We’re confident this will drive long-term value for our shareholders,” Wang said.Where Is TRUMP Price Heading Next?Today’s trading data shows TRUMP opened at $13.08, reached a high of $13.80, and a low of $12.28 before settling at its current level. The TRUMP coin price action appears to be consolidating above the $13 mark, suggesting possible support at this level.Source: AsifethCrypto analyst asif.eth further explains that the meme coin chart highlights a price projection zone reaching up to $24.58 in the coming weeks. The TRUMP token, which has seen considerable volatility throughout 2025, appears to be in a recovery phase after reaching its April lows.After its launch in early February, the TRUMP token faced massive volatility, collapsing 85% from the highs of $75. Several lawmakers, including Senator Elizabeth Warren, have voiced their opinion against this meme coin. In a fresh attack, Eleni Kounalakis, Lieutenant Governor of California, wrote:Trump’s $TRUMP crypto scheme isn’t just a gimmick — it’s a pipeline to enrich the wealthy at the expense of everyday Americans. 764,000 people lost money, while 58 people walked away $10 million richer.
You may also like
The most important thing in Web3 primary market investment
There is no perfect model, only builders who are respectful and responsible towards the market.
The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution
Cryptocurrency has a significant impact on our country's international financial cooperation and creates great opportunities for enhancing our international financial discourse power. We must adapt to the new trends in the reform of the international monetary system, analyze the structural contradic...
Musk Poached Aave App's Web3 Prodigy
Aesthetic is a gift.
The Petro Order is Cracking. What Comes Next for the Middle East?
Ground War Begins, or Deterrence Takes Hold
ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?
The market is entering a crucial phase of equilibrium.
Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry
AI agents are becoming the true native users of cryptocurrency; they do not need a beautiful interface, just a wallet and a payment track. This wave of "machine commerce" may be the most rational narrative in the crypto industry for years, or it may just be another round of hype in a new bottle.
Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy
Vision Chain aims to address the long-standing infrastructure bottlenecks in the European financial sector
What will the early Hyperliquid prediction market look like?
Unleash the Imagination Space of On-chain Finance
Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware
Delphi Labs founder's two-week deep dive into China's AI ecosystem: More bullish on hardware than expected, more bearish on software than expected, and observations on Chinese founders that flipped his prior beliefs.
Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle
CEA Industries' mNAV drops to 0.68, YZi Labs personally steps in to clean up the mess
A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."
The belief that "Day Trading Shitcoins is the Only Way to Make Money" has become their go-to strategy.
Bittensor Ecosystem Token SN Surges 5x in March, What's Behind Richard Heart's One-Liner?
What did Andrew Ng say? Did he say anything? Is Distributed AI Training Feasible?
The economy is entering a new cycle, how can the average person prepare?
The key is not how much you earn, but whether you have cash flow, low leverage, and the ability to earn consistently
Access Binance Alpha Box: Sigma.Money to Launch BNB Chain Ecosystem Yield Farming Gateway
Sigma.Money's innovation is now translating into tangible market momentum.
Kimi, Chip, and Bean come together for a Crypto Hackathon: What did AI developers build on Monad?
Monad Ecosystem AI Deployment, More Than Just a Hackathon.
How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.
Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?
Why is it said that TradFi is not a short-term narrative?
a16z Crypto Operating Partner: Wall Street is undergoing its biggest infrastructure upgrade in 30 years
What is currently happening is the largest infrastructure upgrade in the capital market since the rise of electronic trading thirty years ago.
The most important thing in Web3 primary market investment
There is no perfect model, only builders who are respectful and responsible towards the market.
The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution
Cryptocurrency has a significant impact on our country's international financial cooperation and creates great opportunities for enhancing our international financial discourse power. We must adapt to the new trends in the reform of the international monetary system, analyze the structural contradic...
Musk Poached Aave App's Web3 Prodigy
Aesthetic is a gift.
The Petro Order is Cracking. What Comes Next for the Middle East?
Ground War Begins, or Deterrence Takes Hold
ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?
The market is entering a crucial phase of equilibrium.
Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry
AI agents are becoming the true native users of cryptocurrency; they do not need a beautiful interface, just a wallet and a payment track. This wave of "machine commerce" may be the most rational narrative in the crypto industry for years, or it may just be another round of hype in a new bottle.
App