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October 9, 2025NewsBTC logoNewsBTC

$200 Million Rescue Plan: TRUMP Meme Coin Fights For Survival

Bill Zanker, a longtime ally of US President Donald Trump, is leading an effort to raise at least $200 million to prop up the Official Trump meme coin, reports have ￰0￱ Reading: XRP Open Interest Nears $3B As CEO Sees $10B ETF Inflows Ahead The bid is being run through a vehicle called Fight Fight Fight LLC, and backers say the fundraising could climb as high as $1 billion, though the deal is not guaranteed to ￰1￱ Plan Targets Market Pressure According to Bloomberg and people familiar with the effort, the token has lost most of its value since launch, sliding from $75 in January to around $8 today — a drop of more than 90%. Zanker’s pitch is to build a digital-asset treasury that would buy and support the token to steady trading and rebuild investor ￰2￱ has shown visible support for the initiative; in May 2025 he met privately with leading holders after a social campaign that let top contributors win a place at a ￰3￱ kept a live leaderboard tied to the token, but the event had little effect on ￰4￱ to Bloomberg, Fight Fight Fight LLC, issuer of the TRUMP token, plans to raise at least $200 million to establish a Digital Asset Treasury (DAT) for accumulating the struggling “Trump memecoin.” The company is run by Donald Trump’s longtime associate Bill Zanker, and… — Wu Blockchain (@WuBlockchain) October 8, 2025 Token Control And Supply Issues According to Messari data, only 20% of the total supply is currently unlocked, leaving a circulating market value at roughly $1.5 ￰5￱ remaining 80% of tokens were locked at launch and are due to be released over ￰6￱ high concentration of locked supply, much of it held by entities tied to the US President, is a persistent worry for traders because future releases could swell supply and pressure ￰7￱ Token Gains Strength While the Trump token flounders, World Liberty Financial’s WLFI has pulled in major ￰8￱ show ALT5 Sigma holds about $1.3 billion of ￰9￱ data indicates roughly $82 million left the WLFI perpetual market during a recent squeeze, trimming total value locked to $630 ￰10￱ sentiment tracking slid from 79% to around 75%, and more than 4% of investors shifted from bullish to bearish on certain platforms, according to market ￰11￱ And Exchanges Active Meanwhile, Arkham Intelligence flagged that large crypto players have been accumulating WLFI in recent days, with centralized platforms like Robinhood, Bitget, Bitpanda, and Indodax investing over $30 million ￰12￱ the same time, exchanges including Binance, MEXC, and Coinbase pared small slices of their WLFI holdings, each selling under 1% of their ￰13￱ Reading: XRP Fear Index Spikes To 6-Month High, And That Could Spark Its Next Breakout Featured image from Getty Images, chart from TradingView

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$200 Million Rescue Plan: TRUMP Meme Coin Fights For