Donations are also pouring in for the presidential ceremonies of #DonaldTrump , who is preparing to enter the White House on January 20 in the United States. Decapitated crypto companies led by Coinbase and Ripple are also among the companies that have donated.

As it is known, various ceremonies are held in the United States in the days before and after the new president takes the chair. These ceremonial processes include walks, invitations, dinners and galas. These donations also cover the costs here.

The most important goal of the donations is to be able to communicate with groups and lobbies that are close to the new presidents and to be able to show themselves in public…

$5 million #XRP from Ripple

According to Fox Business, Coinbase and Kraken donated $1 million each to these ceremonies. Ripple has donated $5 million in $XRP . Donations to the special fund created were also officially confirmed by the companies to Fox Business.

Crypto payment provider MoonPay also stated that it would pay a donation to the fund, but did not disclose the figure.

A total of $ 200 million!

It was also stated in the news that the total donation made to the presidential ceremony was $ 200 million. The donation to Trump's presidential ceremony in 2017 was $ 107 million. in 2021, 62 million dollars were raised for Biden's ceremonies.

Individual donations, like companies, also attract attention. Amazon founder Jeff Bezos, Meta founder Mark Zuckerberg, Uber CEO Dara Khosrowshahi and OpenAI founder Sam Altman also made personal donations of $1 million each.

#MarketRebound #BTCNextMove #US