Trump's Crypto Empire Expands: New Project Aims to Boost TRUMP Coin Value
Former US President Donald Trump's foray into the crypto world continues to spark debate. His brand's memecoins, like the TRUMP coin, remain a topic of political and cultural discussion. Now, a new project aims to boost these tokens' value.
Bill Zanker, a Trump ally, is leading the charge with Fight Fight Fight LLC. The company plans to raise between $200M and $1B for a Digital Asset Treasury (DAT). This project, in collaboration with the Trump Organization and other partners, will focus on accumulating Trump-linked tokens, including the TRUMP coin.
The initiative comes as the TRUMP coin's value has plummeted from its January peak. Currently, it trades at around $8. Despite this, the Trump crypto ecosystem shows no signs of slowing down. This expansion includes ventures in Bitcoin mining and ETFs, further cementing Trump's growing crypto footprint.
The DAT project is Zanker's latest attempt to revitalize the fading TRUMP token. With the Trump family's rapid involvement in digital assets over the past year, this initiative aims to accumulate TRUMP memecoin tokens after their steep price declines. Whether this move will reignite interest in Trump-linked cryptocurrencies remains to be seen, but it's clear that the Trump Organization is doubling down on its crypto investments.