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Truth Social Shuts Down Meme Coin Rumors 🚨 Speculation of a Truth Social $DJT meme coin went viral after a Crypto Banter post. Truth Social, WLFI, and Don Jr. denied any crypto plans, calling out scams.

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24H Hot Coins and News | Whales Increase BTC Long Positions; Truth Social Denies Launching New Memecoin (May 13) The United States retained a 10% additional tariff and canceled or suspended other additional tariffs.

Nvidia has quietly raised prices across nearly its entire product lineup, hiking gaming GPUs by as much as 10% and AI accelerators by up to 15%, as the chipmaker grapples with mounting headwinds from US tariffs, export curbs, and surging “Made in America” manufacturing costs. Earlier this year, the Trump administration imposed additional levies on imports of Chinese-made goods, while also tightening export controls on high-end AI chips, reportedly putting a strain on the chip making giant. In its first quarter , Nvidia absorbed a roughly $5.5 billion earnings hit after being barred from shipping its H20 AI processors to China, a key growth market. Facing the dual squeeze of broad tariff hikes and export constraints, CEO Jensen Huang has spent the past few months hoping between Washington, DC, and Beijing, lobbying to soften the blow to the company’s bottom line. Huang has urged the Trump administration to ease the export restrictions. Despite these efforts, the firm has concluded that the only way to maintain stable operating margins is to pass much of the added cost burden on to end users. In mid-April, Nvidia reportedly quietly raised its official list prices for almost every desktop and data-center GPU it sells. Gaming cards in the GeForce series saw increases ranging from 5% on entry-level models to as much as 10% on flagship variants, while the prices of high-throughput H200 and B200 AI accelerators climbed by 15%. Partners and channel resellers have followed suit, with some custom RTX 5090 boards already trading north of $3,300—a full 10% above their initial launch prices. The price uptick also reflects the steep cost of shifting production of Nvidia’s next-generation Blackwell chips to TSMC’s Arizona fabrication plant. Under a push for domestic semiconductor manufacturing, TSMC’s US fab network has rapidly sold out its capacity, but at a roughly 30% premium over its Taiwan sites. Industry sources report that higher wages, increased logistics spending, and more expensive materials in Arizona have collectively driven up wafer-fabrication costs by double digits. Nvidia was among the first of its major customers, alongside AMD and Apple, to reserve capacity in TSMC’s new US fabs. Company executives have signalled that they anticipate further cost creep as US chipmakers expand local production to comply with the CHIPS Act , meaning that today’s price adjustments may only be the first of several. While gamer outrage over rising graphics-card prices has been palpable on social media, the broader market remains resilient. Cloud-service providers, hyperscalers and enterprise customers have maintained strong demand for AI-trained hardware, drawn by persistent shortages and the inability of supply to keep pace with exponential growth in machine-learning workloads. That, in turn, has allowed Nvidia to lean on its premium pricing strategy without materially denting overall shipment volumes. Indeed, internal forecasts indicate that, despite the hikes, Nvidia’s second-quarter revenues and profits should still come in at the top end of its guidance range. The company’s results, due May 28, will be closely scrutinized for signs of fading demand in China, but analysts predict that buoyant spending outside the Middle Kingdom, especially among North American and European data centers, will help offset lost sales from export curbs. Nvidia’s latest pricing manoeuvre underscores a broader realignment in the semiconductor industry. As governments push for localized chip production, firms must weigh the strategic benefits of onshore manufacturing against significantly higher unit costs. Tariff regimes and geopolitical tensions have turned supply-chain resilience into a premium, but one that comes with a price tag ultimately passed down to consumers, from PC enthusiasts to billion-dollar cloud deployments. For Nvidia , the calculus is clear: protect profitability and preserve the R&D war chest needed to stay ahead in the fierce race for AI leadership. For customers, it means accepting steeper price tags on the very hardware that has become the beating heart of next-generation compute. And for the industry at large, it marks yet another chapter in the evolving saga of where, and at what cost, the world’s most advanced chips will be made. KEY Difference Wire helps crypto brands break through and dominate headlines fast

Donald Trump’s meme coin is once again making headlines as the top 220 holders await news on whether they’ve secured an invitation to dine with the former president. Launched just days before Trump’s January inauguration, the Solana-based token initially surged to $75 before falling to around $12.32. But the promise of exclusive perks , including a gala dinner and private VIP reception on May 22 at Trump’s country club, has renewed attention — and controversy . According to the Trump-affiliated website GetTrumpMemes.com, winners are selected based on “time-weighted” holdings between April 23 and May 12. The top 220 wallets represent $160 million in time-weighted holdings, with Seychelles-based exchange HTX, linked to advisor Justin Sun, topping the leaderboard with $18 million. The total market cap of $TRUMP ( TRUMP ) sits at $2.74 billion, with entities tied to the Trump family controlling 80% of the remaining supply. Since launch, these entities have earned over $320 million in fees. Rumors circulated on May 12 that Truth Social, owned by Trump Media & Technology Group, was launching a new meme coin, similar to the official Trump coin. The launch would follow the introduction of TRUMP and MELANIA meme coins in January, both of which saw significant price drops after initial surges. While the Trump Organization claims the former president’s assets are in a trust managed by his children, critics say the project poses ethical concerns. Senator Chris Murphy called the coin “the single most corrupt act ever committed by a president,” citing the potential for anonymous foreign donors to buy influence. Recent data shows that while large investors have profited over $1.5 billion — $48 million since the dinner announcement, around 600,000 wallets have collectively lost $3.87 billion, many buying on secondary markets.