#اكتب_واربح_
The value of Trump's meme coin has risen by more than 50% during the evening news, bringing its total market value to $2.7 billion. It has faced sharp criticism from some of Trump's political opponents, who said that this move is further evidence that the president is using cryptocurrencies to enrich himself. Senator Chris Murphy, a Democrat from Connecticut and a prominent Trump critic, wrote on X that the sale was "the most egregious corruption ever committed by a president. Nothing comes close."
According to the project's website, the Trump Organization and its affiliates control nearly 80% of the $TRUMP token supply. Since its launch in January, trading activities have generated about $324.5 million in trading fees for insiders, according to Chainalysis. These fees are generated through a mechanism embedded in the token, directing a percentage of each trade to wallets managed by the project - which are wallets linked, according to the project's website, to the coin's creators.
Meme coins, often known as meme tokens, are a subset of digital assets that use blockchain technology, deriving their value largely from internet culture, memes, and media hype on social media, rather than from an underlying tool or asset. Creators of meme coins are entitled to collect fees when their coins are bought and sold.