The issuer behind Donald Trump’s official memecoin, TRUMP, is reportedly pursuing $200 million in funding to establish a digital-asset treasury intended to stabilize the token’s price, which has plunged nearly 90% since its January high.
According to reports, the fundraising initiative is being led by Fight Fight Fight LLC, a firm associated with Trump ally Bill Zanker. The company aims to create a price-support mechanism for the TRUMP token through strategic buybacks and liquidity management. Insiders suggest that the effort could potentially expand to $1 billion, depending on investor interest.
The token, which once traded above $75, currently hovers near $8, reflecting ongoing volatility and waning retail enthusiasm. As of this week, the TRUMP memecoin has fallen another 10% over the past month.
Market Impact and Token Supply Concerns
Blockchain data provider Messari estimates that 35% of TRUMP’s total supply—valued at approximately $1.5 billion in circulation—is currently tradeable, while the remaining 65% remains locked in Trump-related wallets under vesting schedules.
Crypto market analysts note that the proposed treasury could provide short-term support but warn of deeper structural issues. “Token buybacks can create temporary demand, but without organic utility or ecosystem development, price recovery may be limited,” said one BITX digital-asset strategist.
The initiative mirrors similar moves by ALT5 Sigma Corporation, which recently launched a $1.5 billion fundraising plan to strengthen its World Liberty Financial (WLFI) treasury. Such treasury-backed projects aim to manage volatility and ensure liquidity, though critics argue they may artificially influence market prices.
Political Controversy and Regulatory Scrutiny
The TRUMP token continues to attract political attention. Earlier this year, a private dinner with top holders—attended by around 220 guests including Tron founder Justin Sun—sparked protests and congressional concern. Lawmakers questioned whether the event, which featured the presidential seal, might have violated federal ethics laws or the foreign emoluments clause.
Despite controversy, Trump-linked ventures remain active in the crypto sector, framing digital assets as tools for financial freedom and campaign financing. However, regulators and investors alike remain cautious, given the intersection of politics, speculation, and market manipulation risks.
As the TRUMP token struggles to regain investor trust, Fight Fight Fight LLC’s proposed $200 million treasury could determine whether the asset finds a sustainable floor—or continues its slide into political and financial uncertainty.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.