Invoice Zanker, a longtime ally of US President Donald Trump, is main an effort to lift no less than $200 million to prop up the Official Trump meme coin, studies have disclosed.
Associated Studying
The bid is being run by a automobile known as Battle Battle Battle LLC, and backers say the fundraising might climb as excessive as $1 billion, although the deal is just not assured to shut.
Rescue Plan Targets Market Stress
In line with Bloomberg and other people acquainted with the trouble, the token has misplaced most of its worth since launch, sliding from $75 in January to round $8 at the moment — a drop of greater than 90%.
Zanker’s pitch is to construct a digital-asset treasury that might purchase and help the token to regular buying and selling and rebuild investor curiosity.
Trump has proven seen help for the initiative; in Could 2025 he met privately with main holders after a social marketing campaign that allow high contributors win a spot at a dinner. Organizers stored a reside leaderboard tied to the token, however the occasion had little impact on worth.
In line with Bloomberg, Battle Battle Battle LLC, issuer of the TRUMP token, plans to lift no less than $200 million to ascertain a Digital Asset Treasury (DAT) for accumulating the struggling “Trump memecoin.” The corporate is run by Donald Trump’s longtime affiliate Invoice Zanker, and…
— Wu Blockchain (@WuBlockchain) October 8, 2025
Token Management And Provide Points
In line with Messari knowledge, solely 20% of the whole provide is presently unlocked, leaving a circulating market worth at roughly $1.5 billion.
The remaining 80% of tokens had been locked at launch and are as a consequence of be launched over time. That prime focus of locked provide, a lot of it held by entities tied to the US President, is a persistent fear for merchants as a result of future releases might swell provide and strain costs.
Rival Token Positive factors Energy
Whereas the Trump token flounders, World Liberty Monetary’s WLFI has pulled in main backing. Stories present ALT5 Sigma holds about $1.3 billion of WLFI.
CoinGlass knowledge signifies roughly $82 million left the WLFI perpetual market throughout a latest squeeze, trimming whole worth locked to $630 million.
Neighborhood sentiment monitoring slid from 79% to round 75%, and greater than 4% of traders shifted from bullish to bearish on sure platforms, in keeping with market trackers.
Whales And Exchanges Lively
In the meantime, Arkham Intelligence flagged that enormous crypto gamers have been accumulating WLFI in latest days, with centralized platforms like Robinhood, Bitget, Bitpanda, and Indodax investing over $30 million collectively.
On the identical time, exchanges together with Binance, MEXC, and Coinbase pared small slices of their WLFI holdings, every promoting below 1% of their reserves.
Associated Studying
Featured picture from Getty Pictures, chart from TradingView
