- 15K applicants in under a day for Trump’s $5M residency card.
- Crypto market buzz from high net worth investor interest.
- Potential billions could flow into the U.S. economy.
In less than a day, over 15,000 people have signed up for the $5 million Trump Card for U.S. residency, a program introduced by Donald Trump via his Truth Social account.
The $5 million Trump Card initiative, revealed by Donald Trump, has attracted over 15,000 sign-ups in just 24 hours. Promoted as an exclusive residency opportunity, it was announced via Trump’s Truth Social account, highlighting strong initial demand. Despite absence of public comments from other U.S. government officials, the launch page is hosted at trumpcard.gov.
“Thousands have been calling and asking how they can sign up.” — Donald Trump, Former U.S. President, Truth Social
Trump described it as a transcendent alternative to traditional Green Cards.
Immediate market responses are notable, with Binance listing the Trump Card as a key market event. The card aims to attract high-net-worth individuals, generally investors in cryptocurrencies, which may encourage capital influx into both crypto and traditional U.S. markets. The move may lead to significant economic impacts, though detailed plans for fund allocations remain unspecified. The initiative’s high price point sets it apart from previous visa programs like the EB-5, underscoring an elite market focus.
While no direct blockchain activity has been linked to the Trump Card, the potential ramifications on financial and technological sectors are noteworthy. Analysts observe this as a market catalyst, likely to influence real-estate and crypto investments. High-value immigration trends could redirect billions of capital towards the U.S., with significant subsequent gains possible in various investment arenas.