According to Coinbase Director Conor Grogan, President Donald Trump was able to collect more than $ 800 million in income after his meme was released.
The official Trump (Trump) memo began in mid -January a few days before Trump took office.
It is already the 40th largest password asset with a market cap.
Grogan pointed out that the project team of Social Media Platform X exchanged a large number of $ 485 million in Stablecoin USDC, Solana (SOL) and Trump. He also said he had $ 240 million in USDC, a $ 50 million range, and earned $ 20.3 million for USDC fees.
Coinbase Director also says that the team still does not contain $ 16 billion worth of Trump.
“The liquidity event of more than $ 800 million is dwarf even boring APE OTHERSIDE launch ($ 285 million increased + $ 180 million). And I don’t even include the launch of Melania Meme…
Warning: They may not have sold all the encryption they sent to the exchange, but I am also quite conservative in other areas (eg, do not calculate Trump LP Meteora fees or wallets). ”
Trump is trading at $ 19.28 at writing. Controversial memes have increased more than 12.5% in the last 24 hours, but have fallen more than 36% over the last seven days.
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Created image: Midjourney