Trump’s Inaugural Crypto Ball: $100K Tickets & $1M Package with Private Dinner

President-elect Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President is preparing for his inauguration on January 20th. It is being reported that during the inaugural Crypto Ball on January 17th, a VIP reception will be hosted by Trump’s super PAC, MAGA Inc., featuring AI & Crypto Czar David Sacks. Despite the high-profile event, Trump himself will not be in attendance.

Exclusive tickets for the VIP reception are priced at $100,000 each, or attendees can purchase a $1 million package for four tickets, which includes access to a private dinner with President Trump at a later date.

As part of the build-up to Trump’s inauguration, crypto industry leaders are seeking to strengthen their influence within the new administration. The stablecoin company Circle made a $1 million contribution to the inaugural committee using USDC.

Crypto leaders are also vying for positions on Trump’s planned crypto advisory council, which could include up to 22 CEOs and founders. David Sacks, an early investor in Bitcoin, has been tapped to become the White House’s Chief Technology Officer and crypto czar. As inauguration day approaches, crypto executives will continue to gather in Washington.

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Will Bitcoin Price Go Up?

Bitcoin is currently trading below $94k, signaling a mixed start to the year for the cryptocurrency market. After a shaky beginning, experts suggest the market may experience a rollercoaster ride through the first quarter.

While Bitcoin and other cryptocurrencies experienced a post-election rally, some concerns about Trump’s crypto policy are emerging. On one hand, Trump’s promises could help crypto companies grow, but the potential for regulatory changes introduces a layer of uncertainty. These developments could cause Bitcoin prices to fluctuate, creating an unpredictable environment for crypto investors.

However, long-term prospects for the crypto market are still strong, according to market insiders. Meanwhile, lawmakers are expected to address important issues like stablecoins and market structure as the year progresses.

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