Is Trump’s $93M Memecoin Payday Just the Beginning of a Crypto Empire or a Risky Gamble?
Who holds the TRUMP cards?
But here’s the thing – the lion’s share of token gains are flowing to Trump-affiliated entities.
CIC Digital, an entity closely associated with the U.S. President, now controls 76% of the token’s total supply across four labeled allocations.
Following the recent unlock of 90 million tokens, the largest increase went to CIC Digital 2, which already held 18% of the supply. This wallet received an additional 4.5% of the total supply, further consolidating its position.
Source: Cryptorank
In total, Trump-linked entities now have access to nearly $93 million worth of tokens. So, no matter how the memecoin moves, the President, and his circle continue to come out ahead.
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