CryptoTradingFees

The #TRUMP meme coin has generated substantial revenue through transaction fees, though reported figures vary slightly. According to trusted sources like Chainalysis and Merkle Science, entities behind the coin have earned nearly $100 million in trading fees within just two weeks. This revenue stems from a 0.3% fee on every transaction, which has added up quickly due to the coin’s massive trading volume.

Key Highlights:

Trading Fees: These fees are the main income source for platforms listing TRUMP Coin, cutting into profits for smaller investors.
Profit Recipients: CIC Digital, linked to the Trump Group, is among the beneficiaries of these trading fees.
Market Fluctuations: TRUMP Coin reached a market cap of over $14.5 billion before crashing by two-thirds, leaving around 200,000 small investors with losses.
Whale Gains: Over 50 major investors have each pocketed more than $10 million, thanks to early investments.
Note: The widely circulated $320 million figure mentioned in some AI-generated summaries is not backed by Chainalysis or Merkle Science, which report the total closer to $100 million.

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The TRUMP meme coin has generated significant profits through transaction fees, but the reported figures vary. According to reports from reputable sources like Chainalysis and Merkle Science, the entities behind the coin have earned nearly $100 million in trading fees in less than two weeks. This profit comes from a 0.3% fee charged on each transaction, which has accumulated rapidly due to the coin's high trading volume.

*Key Details:*

- *Trading Fees:* The primary source of revenue for cryptocurrency exchanges hosting TRUMP Coin, eating into potential profits for small-scale investors and everyday traders.
- *Profit Distribution:* CIC Digital, a company associated with the Trump Group, is among the entities receiving trading fees from the meme coin.
- *Market Performance:* TRUMP Coin peaked at over $14.5 billion in market value but has since slumped by two-thirds, resulting in losses for around 200,000 small traders.
- *Large Investors:* At least 50 large investors have made profits exceeding $10 million each, benefiting from the coin's initial surge.

It's worth noting that the $320 million figure mentioned in the AI summary is not supported by the available reports, which consistently cite a figure close to $100 million .
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