Memtoken $Trump generated vital earnings, which, in keeping with estimates, reached at the very least $350 million. The majority of the income, about $314 million, was generated by the sale of tokens, and an extra $36 million got here from commissions.
An evaluation of the Solana blockchain knowledge reveals that the most important a part of earnings was concentrated within the first three weeks after the launch of the coin, which happened in January.
There’s a risk that the challenge may obtain an much more spectacular earnings by the sale of a restricted variety of tokens on the Binance crypto change. Nevertheless, regardless of the lively dialogue, the White Home didn’t give any feedback on this situation. As well as, it stays unclear what the scale of the president’s private revenue is.
In accordance with the data, 80% of the tokens are collectively owned by two organizations: CIC Digital LLC, affiliated with The Trump Group, and Battle Battle Battle LLC, an organization registered in Delaware. On the identical time, it’s emphasised that direct administration is carried out by Battle Battle Battle LLC, and the president himself shouldn’t be concerned within the technique of distributing and promoting tokens.
