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The TRUMP token issuer Fight Fight Fight is raising between 200 million to 1 billion dollars to establish a digital asset financial company.
ChainCatcher news, according to Bloomberg, sources revealed that the startup Fight Fight Fight LLC, which is issuing its Meme coin "TRUMP" a few days before Trump's second presidential inauguration, is raising at least $200 million to establish a digital asset reserve company to stockpile this struggling token. It is reported that the target amount for this financing round is as high as $1 billion. However, this deal is still in preparation, and its success remains uncertain. It is said that the digital asset reserve company (DAT) set up for this Meme coin is the latest attempt by Fight Fight Fight to boost its price. The token fell sharply shortly after its issuance and has since remained sluggish. Data compiled by CoinGecko shows that the TRUMP token is currently trading at around $8, far below its January peak of $44.