Fight Fight Fight LLC, the entity behind US President Donald Trump’s memecoin TRUMP token, is seeking at least $200 million in funding. This investment will establish a digital asset treasury to stabilize the struggling TRUMP token price. While the company aims for up to $1 billion in total funds, the details of this initiative are still under development. 📚
Bill Zanker, a long-time associate of Trump, leads Fight Fight Fight LLC. The study’s final outcome remains unknown.
Launched just before Trump’s second inauguration, TRUMP reached its peak price of $73.43 in January, but has since experienced a decline, falling to around $7.60 as of late September. This latest initiative is expected to consolidate Trump’s assets within the crypto space and potentially bolster the token’s value.
This move follows another Trump-linked altcoin, World Liberty Financial (WLFI), which already enjoys a dedicated treasury for its token, supported by Trump’s family through Alt5 Sigma. Alt5 Sigma’s financial firm listed on Nasdaq holds approximately $1.3 billion in WLFI. This initiative underscores the potential impact of these ventures on the cryptocurrency market.
*This is not investment advice.* Continue Reading: $200 Million in Support for Struggling Trump Memecoin! Could Rise to $1 Billion!