The Real Winners of the Trump Memecoin Feeding Frenzy

Wednesday, the party behind the officer Donald Trump Memecin After the announcement of the investors who have kept the maximum amount of crypto coin in the coming weeks, a business will be invited to a dinner in the presence of the US president.

“In this intimate personal dinner, first -handed President Trump Listen to Crypto’s future [sic]” List On the website of Trump Coin. “The world’s most exclusive invitation. Only top 220 $ Trump for meme currency holders.” The dinner will be held on May 22.

According to Blockchain Analytics Farm Nansen’s analysis, traders rushed to buy Trump’s coins, some tried to push themselves to the invitation list and others just expect profit. Within an hour, it was worth it Increase about 60 percentThe

However, 5 percent of the currency supply – CIC Digital LLC and Fight Fight Fight LLC, offshoot of an association owned by Trump – the owner of the two companies was a secondary concern for the two companies. In the instant period, these companies earn a profit based on how people trade it initially.

When Trump Declare his memory In January, two companies 10 percent of the total supply In a so -called liquidity pool, whose purpose is to ensure that wealth can be done freely. The trades are known as trades as a promise of supplies and sale of coins in exchange for liquidity. Command a feeThe That fee depends on the current demand level, from 0.1 to 10 percent of each trade. Think of it as a surge price in the ride-hilling app.

“If you have a coin and you control market fees, what you care are, the volume and the price are not itself, the price itself,” the Crypto company Aragon’s business development chief Nathan Van Der Hayden says.

Previously, Trump-Approved Firms Report Trump has earned several million dollars trading fees related to currency. 24 hours after the announcement of dinner, the contributors to the Trump Liquidity Pool of Meteoro collected $ 1.6 million, through which the token was launched. Most of this money will be achieved as the largest contributor to the pond in the fight of CIC digital and fighting in the fight Previous reportThe

On paper, Trump-appointed companies have also stood up to earn any praise for Trump, as they are the largest holders so far. In reality, however, they are prevented from selling their coins stash, partly by such a process Limited access to their holdings There is a response to the inevitable decrease in prices caused by a three -year period, and partially by a large sale.

Van Deer Hayden says, “Profit’s optics from selling your own coins are terrible, when profit from the market is opaque enough to protect your reputation,” Van Der Hayden says.