The $ Trump price reached a record $ 75 for the token after launch, but now drops by 82%, up to $ 13.
Donald Trump’s cryptocurrency project, which began launching $ Trump Memcoin in January, gained more than $ 350 million in the first three weeks. This has been reported by the Financial Times.
Blockchain-Data review showed that digital wallets associated with the Trump team received significant income from the sale of tokens. Memecoirs with no real use were launched a few days before his President’s campaign.
Experts have expressed concern about the ethical part of this project. Tim Massad, an adjunct professor of Georgettaun University law and the former commercial trade leader in the futures of the commodity, emphasized that the President of the United States should not engage in profitable projects during his stay.
In addition to the 350 million dollars obtained from the sale of tokens in the Solana network, additional funds can be entered through crypto -rhines, in particular Binance, Bybit and Coinbase. According to the review, the scheme gained $ 314 million in sale of tokens and another 36 million dollars to commissions.
The $ Trump price reached a record $ 75 for the token after the launch, but now dropped by 82% to $ 13. In the purses associated with Trump, 31 million tokens out of the initial 200 million remained, and the total supply of $ Trump was 831 million coins, approximately $ 10.8 billion.
Keep in mind that Bitcoin has exceeded $ 90,000 in the price of how US President Donald Trump set the introduction of cars from Canada and Mexico.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.