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