Important points:
Trump to attend Nashville Bitcoin conference despite recent security threats
David Bailey confirmed that Trump was in good spirits and excited about the speech.
MAGA tokens dropped 7.05% following Trump’s announcement at the Nashville meeting.
Trump to attend Nashville Bitcoin conference
LUCKNOW (CoinChapter.com) - Former US President Donald Trump is set to make an appearance at a Bitcoin conference in Nashville, Tennessee, despite a recent assassination attempt. The three-day conference will be held at the Music City Center from July 25 to 27.
Former President Confirms Attendance at Bitcoin Event
Trump’s participation was confirmed by David Bailey, CEO of Bitcoin Magazine and one of the event organizers. Bailey said he had “just spoken to the president’s team” and that the former president was “in good spirits” and eager to attend this year’s Bitcoin event.
Sources:
X
Initially, conference organizers and attendees expressed concerns about potential changes to the high-profile speaker lineup following the security incident, which occurred on July 13 in Pennsylvania.
Donald Trump’s transformation from Bitcoin skeptic to supporter is remarkable. During his term, he once called Bitcoin a “scam” and instructed the Secretary of the Treasury to crack down on its use. However, his views later changed. In a recent Fox News interview, Trump acknowledged the growing acceptance of Bitcoin, saying:
Sources:
X
The former president’s new attitude towards Bitcoin appears to be part of a broader strategy to attract a younger, tech-savvy voter base, which he will pursue when he runs for the 2024 presidential election. At a recent fundraiser in San Francisco, Trump expressed his support for the U.S. Bitcoin industry. He stressed the importance of Bitcoin mining by American companies, declaring:
The Nashville Bitcoin Conference will feature a slate of speakers beyond Trump, including whistleblower Edward Snowden, comedian Russell Brand, independent presidential candidate Robert F. Kennedy, ARK Investments CEO Cathie Wood, and MicroStrategy’s Michael Saylor. Trump’s 30-minute speech is scheduled for July 27 and will cover his vision for Bitcoin’s future in the United States and plans on how he would support the industry if re-elected.
Trump-themed tokens fall in value
Despite the news of Trump’s confirmed participation in the meeting, Trump-themed crypto tokens saw a slight drop in price. MAGA tokens faced a significant drop of 7.05%, with its price dropping to $7.84.
MAGA/USD daily price chart. Source: CoinMarketCap
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The BABYTRUMP token dropped 44.84% in 24 hours to $1.58. Meanwhile, the Trump Card Token (TARD) was relatively stable, dropping only 0.34% to $7.49.