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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (23248)	2/11/2025 10:15:57 PM
From: sandeep	Respond to of 27054

Come on! Trump created a meme coin and sold some portion in the market for hundreds of millions. Giving his salary back is nothing. He sells bibles; shoes whatever to suck the money from foolish supporters. This is a bigger racket than any other. As the initiators of the $TRUMP meme coin, Trump-affiliated entities were responsible for releasing the initial 200 million tokens into the market. These tokens were distributed to three cryptocurrency wallets, which then facilitated their availability to the public. The remaining 800 million tokens, constituting 80% of the total supply, are held by Trump-affiliated companies, specifically CIC Digital LLC and Fight Fight Fight LLC. These reserved tokens are subject to a vesting schedule, becoming accessible over a period of three years.Â Therefore, while Trump-affiliated entities did not directly sell the initial 200 million tokens to investors, they orchestrated their release into the market, enabling public trading. The substantial holdings retained by these entities have the potential to influence the tokenâ€™s market dynamics as the remaining tokens are gradually introduced.