According to @EricCryptoman, the crypto market is seeing significant narrative shifts in memecoins, with the Trump-affiliated World Liberty Foundation announcing plans to make its previously non-transferable WLFI token tradable. The source states the team confirmed via X they are "working behind the scenes to make it happen," a major pivot that would enable speculation on secondary markets. Concurrently, a new token named USELESS has surged to a nearly $90 million valuation by embracing its "useless" narrative. An influential backer, Unipcs, argues that since major memecoins like Dogecoin and PEPE are also technically useless but have multi-billion dollar valuations, USELESS is fundamentally undervalued. These developments unfold as major cryptocurrencies like Solana (SOL) show strength, with SOLUSDT trading up 2.899% around $151.19, while Cardano (ADA) remains stable, with ADAUSDT trading around $0.5613.

According to the source, an entity affiliated with Donald Trump and his family, DT Marks DEFI LLC, has reportedly reduced its stake in the parent company of World Liberty Financial (WLFI) from 60% to 40%. This development coincides with the U.S. Senate passing a stablecoin regulation bill, which could affect World Liberty Financial's USD1 stablecoin. From a trading perspective, the most significant news is the World Liberty Foundation's announcement that its previously non-transferable WLFI token will soon become tradable. This policy reversal opens the door for a secondary market, potentially enabling price speculation and liquidity for early holders. The source notes this is part of Trump's deepening involvement in the crypto sector, which also includes NFTs and bitcoin mining ventures. In the broader market, current data shows Solana (SOL) leading with a 3.35% gain to $151.04, while Bitcoin (BTC) is up 0.34% and Ethereum (ETH) has risen 0.74%.

According to @justinsuntron, Justin Sun announced his attendance at a Trump dinner via Twitter, tagging @GetTrumpMemes on May 22, 2025 (source: Twitter). This event highlights renewed connections between prominent crypto figures and political influencers, which could increase market attention on TRON (TRX) and politically-linked meme coins. Traders should monitor TRX and Trump-themed tokens for potential volatility, as high-profile events involving key personalities often spark trading activity and speculative interest in related crypto assets.

According to Fox News, a group of children took over the White House briefing room to ask Karoline Leavitt playful questions about President Trump, including whether he likes hugs and his favorite ice cream flavor (source: Fox News, May 21, 2025). This lighthearted media event has generated significant social media attention, leading to increased activity among meme and Trump-themed cryptocurrencies such as MAGA (TRUMP) token. Traders should monitor social sentiment and trading volumes, as similar viral events have previously influenced short-term price spikes in political meme coins (source: CoinGecko, historical data).

According to @justinsuntron, Justin Sun, the top holder of $TRUMP memecoin, attended President Trump’s Gala Dinner as his top fan upon invitation from @GetTrumpMemes. Sun’s direct engagement with political leaders and the US crypto community highlights growing mainstream acceptance of memecoins and the increasing intersection of politics and crypto trading. This event may increase $TRUMP token visibility and trading volume, while signaling broader support for politically driven cryptocurrencies, according to Sun’s official Twitter account (source: @justinsuntron, May 20, 2025).