The
$TRUMP team has reportedly sold $450 million worth of
$TRUMP tokens while retaining control of 85% of the total supply. Blockchain analyst Connor revealed that this amount was sold either through market transactions or by adding liquidity.
In the first seven hours after launch, approximately $18 million worth of TRUMP tokens were transferred to Bybit, with the USDC proceeds directed into liquidity pools on Meteora to facilitate smooth trading.
Built on the Solana blockchain, the TRUMP token debuted with an initial supply of 220 million coins and plans to expand to 1 billion over the next three years. Its current market cap is approximately $5.5 billion. Despite its staggering growth of over 10,000%, 85% of the token supply remains under the control of CIC Digital LLC and Fight Fight Fight LLC, which may generate further revenue from additional sales, as suggested by the official website.
The website emphasizes that the TRUMP token is neither an investment opportunity nor associated with any political campaign. Instead, it aims to promote Trump’s values and art. The launch generated significant trading activity, with Moonshot processing $350 million in volume and attracting over 180,000 new users.
While the project has created buzz, it remains controversial, and its long-term market impact is uncertain. What’s your take on the TRUMP token? Let’s discuss!
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