Trump Coin & Crypto Ventures
$TRUMP Coin Launch: Meme coin launched in Jan 2025 on Solana; peaked at ~$75, now trades around $11.
Ownership: 1B total supply; 800M held by Trump-affiliated companies.
Wealth Boost: Trump’s net worth grew by ~$1B in 9 months, largely driven by crypto.
Controversial Dinner: Trump held a private event for top $TRUMP
holders, raising ethics concerns.
ETF Ambitions: Trump Media filed to launch the "Truth Social Bitcoin ETF" and aims to raise $2.5B for crypto investments.
Family Dispute: Trump’s sons denied involvement in a new "Official $TRUMP Wallet," issuing a cease-and-desist.
Market Impact: Trump’s feud with Elon Musk contributed to crypto market dips; $308M in long positions liquidated.