The Official Trump (TRUMP) meme coin, which has been languishing below $10, is about to receive a significant boost. A $200 million treasury injection is in the works, according to a recent Bloomberg report .
Fight Fight Fight LLC, the firm behind the TRUMP token, is planning this fundraising. The goal is to establish a crypto treasury company that would amass large quantities of TRUMP coin.
Bill Zanker, a close associate of Trump, is leading the charge to raise between $200 million and $1 billion to bolster the TRUMP meme coin. However, sources close to the matter have stated that the deal is still in the developmental stages and may not necessarily go through.
The Official Trump meme coin has been struggling, trading 90% lower than its all-time high in January 2025. Another project associated with the Trump family, World Liberty Financial (WLFI), has also experienced recent selling pressure.
The new digital asset treasury (DAT) firm that Zanker and his team are considering represents the latest effort to stabilize and boost the token’s price. In May, Donald Trump attended a private dinner with top holders of the token. Leading up to the event, Fight Fight Fight LLC maintained a public leaderboard of leading holders and promoted the competition across social media.
Plans were in place for a Trump-branded digital asset wallet. However, these plans were reportedly delayed after a dispute with another Trump-linked venture, World Liberty Financial (WLF).
The Official Trump (TRUMP) cryptocurrency token is showing a promising technical setup on its daily chart. The meme coin is anticipated to gain upward momentum following a breakout from the descending wedge pattern.
The 24-hour trading volume has surged by over 100% to $517.09 million, indicating healthy liquidity relative to the market cap. Furthermore, the volume-to-market-cap ratio of 0.28 suggests active trading interest.
The supply of the Trump token remains largely restricted, with only about 35% currently unlocked, according to Messari. This portion gives the token a circulating market value of approximately $1.5 billion.