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Meme Coin TRUMP Generates $172 Million Trading Fees for 10 Exchanges
Summary: According to reports, the Trump-themed meme coin TRUMP has generated $172 million in trading fees for 10 exchanges. The token was listed on exchanges in just 4 days on average, much lower than the average review period of 129 days for similar tokens. Coinbase decided to list it in just 1 day, but banned residents ...
According to reports, the Trump-themed meme coin TRUMP has generated $172 million in trading fees for 10 exchanges. The token was listed on exchanges in just 4 days on average, much lower than the average review period of 129 days for similar tokens. Coinbase decided to list it in just 1 day, but banned residents of New York State from trading to avoid local regulatory risks. Data shows that 80% of the TRUMP token's supply is held by the Trump family and their partners, with 45 wallets profiting $1.2 billion through trading, while 712,000 wallets collectively lost over $4.3 billion. The token dropped 78% after reaching a historical high in January.
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Link: Meme Coin TRUMP Generates $172 Million Trading Fees for 10 Exchanges [Copy]
