Trump Memecoin Issuer's $200 Million Treasury Plan

Trump Memecoin Issuer Aims to Create a $200 Million Treasury

Significant developments continue in the crypto world. Fight Fight Fight LLC, an initiative for Donald Trump's memecoin, plans to raise at least $200 million to establish a Digital Asset Treasury (DAT). According to information obtained by Bloomberg, this project, which is still in the development stage, is expected to reach a total value of up to $1 billion.

Trump Memecoin and Market Value

The Trump memecoin was launched a few days before Trump's inauguration on January 20, and initially surged to $44, attracting attention. However, recently struggling to reach those levels due to fluctuations in market value, the memecoin has seen a loss of over 10% in the past month, dropping to $7.5, which brings its market value to $1.5 billion.

Strategies of Fight Fight Fight

Fight Fight Fight, led by Bill Zanker, a long-time supporter of Trump, is conducting various campaigns to increase the token's visibility. Among these campaigns, special dinner events attended by Trump for the largest coin holders stand out. These types of initiatives aim to strengthen the market perception of the memecoin.

World Liberty Financial and Treasury Interest

Another coin related to the Trump family, World Liberty Financial, has also recently shown interest in treasury formation. Alt5 Sigma, which is traded on Nasdaq, announced that a treasury has been established for World Liberty Financial, reporting that it holds approximately $1.3 billion in WLFI assets.

Such projects continue to attract investors' attention while offering investment opportunities in the cryptocurrency world. However, it is important to remember that the information provided here does not constitute investment advice.