Chainalysis data shows that the creators of Trump Memcoin earned $ 320 million in commissions, we are talking about firms associated with the family of US President Donald Trump. While retail investors lost money. This is reported by the publication of SoiP? ESK. Memboin is a type of cryptotototin without internal value, which is often based, as the name implies, on a meme or a cartoon character. Popular examples of this are Dogecoin (DOGE). In January, Trump advertised his own Trump token on social networks, and then Melania, named after his wife.
Trump on the first day cost $ 77.26, and now it is trading at 10.80 dollars, which is 86% less. Melania fell even more, having lost more than 97% of its cost in four months and recently traded at the level of 33 cents. The excitement around Trump's post on social networks led to a squall of trade activity. Chainalysis data show that 760,000 wallets, which mainly belong to retail investors, lost money on Trump token. At the same time, the creators of token earned tremendous 320 million dollars at trading fees, although it is worth noting that about 5% of the commissions were received by the Meteora decentralized exchange, which launched the launch.
According to the official site, Cic Digital LLC, the subsidiary of The Trump Organization, and Fight Fight Fight LLC together own 80% of the TRUMP token, subject to 3-year unlocking graphics. Cic Digital LLC and Celebration Cards LLC, owners of Fight Fight Fight Fight LLC, will also receive income received from Token trading activities, the site says.
In 2022, Trump also tried to saddle the excitement around non -replaced tokens (NFT), releasing a series of cartoons depicting the president as a superhero or cartoon character. According to financial data, Trump earned about $ 8 million to deploy these NFT. More recently, a cryptocurrency dinner took place, at which Trump invited a group of 25 Trump owners to a private dinner and a tour of his golf club in Virginia. The Bloomberg report shows that 19 of these 25 owners were either foreign organizations or used an offshore exchange banned in the United States.
Later in May, he is going to arrange another dinner for the 220 largest owners of his token. US Senators Adam Schiff (Democrat from California) and Elizabeth Warren (Democrat from Massachusetts) called for Trump's impeachment, asking the US government ethics management to investigate whether Trump violated federal ethics, inviting leading investors.