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- Fight Fight Fight LLC plans a $200M crypto treasury to support TRUMP coin.
- Bill Zanker aims to raise up to $1B amid the token’s 90% price slump.
- Technical charts hint at a potential breakout as trading volume doubles.
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The Official Trump (TRUMP) meme coin, which has lingered below the $10 mark for months, may soon get a lifeline. According to Bloomberg, Fight Fight Fight LLC — the startup behind TRUMP — is preparing to raise up to $200 million to create a digital asset treasury focused on accumulating the coin.
Bill Zanker Leads Push for Massive Funding
Bill Zanker, a longtime Trump ally, is reportedly driving the fundraising effort, which could expand to as much as $1 billion depending on investor appetite. While the plan is still in development, it reflects an urgent push to revive confidence and liquidity around the struggling meme coin.
The TRUMP token has dropped nearly 90% from its January 2025 peak, and related Trump ventures, such as World Liberty Financial (WLFI), have also faced selling pressure. The proposed treasury could serve as a stabilizing force, accumulating supply and supporting market price over time.
Digital Asset Treasury Could Reinforce Token Stability
The fundraising aims to create a Trump-branded digital asset treasury (DAT), which would actively manage holdings of TRUMP coin and potentially other crypto assets. This move follows an earlier delay in launching a Trump-themed wallet, reportedly due to disputes with WLFI.
In May, Trump himself attended a private dinner with top token holders, signaling ongoing involvement and endorsement of the crypto project. The event and related promotions helped drive community engagement, even as the price lagged.
Technical Setup Suggests Potential Breakout
On the technical side, analysts note that TRUMP’s price is approaching a breakout point from a descending wedge pattern — a bullish formation that could signal a trend reversal. Trading volume has surged over 100% in 24 hours, reaching $517 million, suggesting renewed interest among traders.
Currently, only 35% of the TRUMP token’s supply is unlocked, giving it a circulating market cap of about $1.5 billion, per Messari data.
If Zanker’s fundraising succeeds, the new treasury could provide both capital support and investor confidence, potentially lifting the meme coin out of its slump. Still, with volatility high and sentiment mixed, TRUMP’s path to recovery remains uncertain.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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