💰 Trump Family Nets $320M from TRUMP Token Despite Price Crash
Big Gains: The Trump family reportedly earned $320 million from the TRUMP memecoin—even after its value plunged 87% from launch.
Price Plunge: $TRUMP token once peaked at $77.26, now trades at a fraction of that.
Changing Tune: Once a crypto skeptic, Donald Trump is now a vocal supporter, diving into memecoins, DeFi, NFTs, and stablecoins.
Massive Crypto Holdings: Reports say 40% of the Trump family’s net worth is in digital assets, adding $2.9 billion to their wealth.
Political Ripple Effect: Concerns over Trump’s crypto earnings may have influenced a bipartisan stablecoin bill to fail in Congress.
Retail Risks: Unlike ETFs drawing institutions, memecoins are roiling retail investors—98% of tokens on pump.fun accused of being scams or “rug pulls.”
⚠️ Reality Check: TRUMP token still trades, but most holders are now in the red, says Chainalysis.