Magical Money Donald Trump. The same from Donald Trump brought his great creator. According to the Financial Times analysis, the crypto of the US President’s project generated $ 350 million income from his launch. Trump entities won $ 314 million thanks to the sale of tokens and $ 36 million in fresh on the blockchain Solana.
- Malecoin Donald Trump generated extraordinary incomes of $ 350 million for his creators.
- Trump’s accounts manipulated the market and stabilized the Trump price after a drastic fall.
Colossal gains for Trump’s creators
The Financial times He watched the path of chips from their creation to sale on the platforms on the Solana Stock Exchange to estimate these profits. On January 20, 1 billion Trump tokens were issued, with 200 million released and 800 million planned within three years.
Of these 200 million, 158 million were deposited in the liquidity fund, allowing traders to buy the same against the USDC. FT noted that the bills associated with Trump sold 100 million first tokens the day after startingfor a price less than $ 1.05.
After downloading the first USDC won, Trump portfolios again supported $ 291 million in USDC to another liquidity fund to support market. They also sent 14.7 million tokens Trump has 10 exchangesIncluding binance, ByBity and Coinbase.
Market intervention to stabilize the price
Ft also found out Trump accounts spent $ 1 million on buying your own tokens for 33.20 dollars 19th and 20th January Stabilize the price after the fall of Trump After starting the same melania.
The Trump price dropped by 82 % compared to the $ 75 peak 19. January. Despite this, it has 831 million Trump tokens, which are still held by accounts associated with Trump, according to the Financial Times report an imaginary value of $ 10.8 billion.
Trump’s the same woke up Great reactionEspecially with a democratic representative Sam Liccard, who proposed to ban legislation to political leaders and their families to launch cryptocurrencies. The Assembly of the State in New York presented the law to introduce criminal sanctions for the same “carpet”.
While SEC said that the same ones do not fall on securities laws, other authorities can look at this question well. Meanwhile, Trump continues to talk about it, not only for his market performance.