TRUMP tokens started their journey in the crypto world with high demand and significant sales reaching $500 million, while the majority of tokens remain in the hands of Trump's team.
Distribution and Sale of TRUMP Tokens
According to blockchain analyst Conor, Donald Trump's team has sold approximately $500 million worth of TRUMP tokens. This includes all circulating tokens, confirmed by on-chain data.
Control and Allocation of Tokens
TRUMP tokens were developed on the Solana blockchain with an initial supply of 200 million coins and a planned increase to 1 billion. 80% of tokens remain under the control of CIC Digital LLC, affiliated with the Trump organization, and Fight Fight Fight LLC.
Market Reaction and Coordination
Following the token launch, its price surged by over 11,000%, reaching an all-time high of $35. Platforms like Moonshot facilitated large trade volumes, bringing 200,000 new participants on-chain.
The launch of TRUMP tokens has garnered significant attention in the cryptocurrency market, demonstrating high volatility and strong coordination of team efforts.
