During Inauguration weekend, the Crypto Ball was held with notable attendees from the crypto industry and political figures. Donald Trump launched a memecoin, $TRUMP, which reached a market cap of $1 billion shortly after its introduction. Despite the hype around the memecoin, most attendees, including industry elites and politicians, seemed more interested in performances from artists like Snoop Dogg and Rick Ross than financial innovations. Tickets were steep, ranging from $2,500 to $100,000 for VIP experiences. The ball was organized by MAGA Inc. and Bitcoin Inc., not directly hosted by Trump, and while there was some awareness of the memecoin, it wasn't a focal point for many present. The event underscored the blending of political influence with the crypto sector, with attendees holding significant sway beyond just the financial space. As the market adjusted, $TRUMP's market cap stood near $11 billion by Inauguration Day morning, prompting curiosity about the future implications of such events in crypto and politics.

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