#MEMEAct #TRUMP
More than half of TRUMP holders are in profit.
Approximately two million wallets have purchased TRUMP, with an additional 54,000 acquiring the token after the dinner announcement, according to data shared with Cointelegraph by blockchain analysis firm Chainalysis.
Around 764,000 of these, mostly with small holdings, have lost money with the token, while 58 investors have made profits exceeding 10 million dollars each, totaling approximately 1.1 billion dollars.
At the same time, Chainalysis indicates that the creator of the memecoin has earned 320 million dollars so far, with an additional 1.3 million since the dinner announcement at the White House.
On the other hand, a transportation logistics company announced on April 30 plans to build a TRUMP coin reserve through a convertible note issuance of 20 million dollars.
Javier Selgas, CEO of Freight Technologies, said that the tokens are an "excellent way to diversify our cryptocurrency asset treasury and also an effective way to advocate for fair, balanced, and free trade between Mexico and the U.S."
The company also acquired 5.2 million dollars of the FET utility token from the Fetch.ai network on April 1.
