Fight Fight Fight LLC, the issuer of the "TRUMP" meme coin, is reportedly raising between $200 million and $1 billion to establish a digital asset reserve company. This initiative aims to support the struggling token, which has seen its value drop significantly since its launch. The TRUMP token, which debuted just before Trump's second inauguration, currently trades at approximately $8, a steep decline from its January peak of $44. The funding round's completion remains uncertain as the company seeks to stabilize the token's market position.
Trump Token Issuer Seeks Up to $1 Billion for Digital Asset Reserve
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.