The Crypto Ball and Trump's Cryptocurrency Launch

A lavish event took place shortly before President Trump's inauguration, known as the crypto ball, attracting prominent figures from the cryptocurrency industry. Attendees celebrated with hopes that Trump would ease regulations on cryptocurrencies, as he had promised during his campaign. Meanwhile, Trump announced the launch of a new meme coin called 'Trump' right as the festivities unfolded, catching many industry executives off guard and leaving them frustrated as they missed the opportunity to invest early. This highlighted a divide between the realities of cryptocurrency trading and the celebratory atmosphere at the ball, contrasting speculators at home with the elite mingling at the event.