The price of Trump Memecoin hits a historical high, potentially increasing its net assets by five times
Arkham Intelligence indicates that Donald Trump's net worth increased by $22 billion overnight. Assuming CIC Digital LLC and Fight Fight LLC collectively own 80% of the TRUMP supply, then these two companies essentially belong to him. More importantly, at the current price of around $28, this portion of shares is worth $22.4 billion. Forbes estimates that by November 2024, the elected president's net worth will reach $5.6 billion. If this estimate is accurate, the value of Memecoin will increase fivefold.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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