What started as a digital currency phenomenon has turned into a financial rescue operation. Fight Fight Fight LLC now scrambles to secure hundreds of millions in funding as President Donald Trump’s official memecoin, TRUMP, continues its dramatic freefall.
TRUMP is launched on the Solana blockchain, and the token is issued by Fight Fight Fight in partnership with CIC Digital. Launched on January 17, 2025, the token began falling almost immediately after its initial surge in January 2025. By early February, it was already down significantly from its peak. Its price fell as big holders started selling and new tokens entered the market. The hype faded fast, and investors lost confidence in its long-term value.
Bill Zanker, a Trump associate leading the company, has launched an ambitious fundraising campaign targeting $200 million to establish a digital treasury. Bloomberg sources reveal the goal could stretch to $1 billion, though dealmakers caution the plan remains preliminary and uncertain.
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Dramatic Price Collapse
The token has crashed from its January peak of $75 to roughly $8 today, representing a devastating 90% loss. Monthly performance shows another 10% decline, with CoinMarketCap data painting a grim picture for investors.
Currently, only 35% of Trump tokens circulate freely in the market, creating a $1.5 billion valuation. Trump-linked organizations control the remaining 65%, approximately 800 million tokens, under strict vesting agreements.
President Trump’s dinner with the top 220 holders of his $TRUMP meme coin drew fierce backlash. Attendees, including blockchain entrepreneur Justin Sun, savored premium cuisine at Trump National Golf Club, while about 100 protesters outside decried the event as blatant crypto profiteering. In response, 35 congressional Democrats urged federal investigators to probe potential bribery and constitutional violations tied to the exclusive gathering.
