In a transfer that shocked all the cryptocurrency market at this time, the brand new President of america, Donald Trump, launched his personal memecoin.
After Trump first shared the launch on Fact Social, it was thought for some time that his account had been hacked. Nonetheless, the identical submit was shared on Twitter after which information of the listings began to drop from main cryptocurrency exchanges.
Curiously, Trump made more cash in someday from this memecoin launch than he had in his whole life to this point.
In response to Forbes estimates, President Trump’s complete private wealth was regarded as $5.6 billion in November 2024. After the launch of the memecoin, Trump’s wealth elevated by $22 billion in someday, to roughly $28 billion. Which means that, if Forbes estimates are appropriate, Trump’s wealth has elevated fivefold due to the TRUMP memecoin.
Nonetheless, that is assuming that he really owns CIC Digital LLC and Battle Battle Battle LLC, which collectively personal 80% of the TRUMP provide.
*This isn’t funding recommendation.
