$350M Secured With The Memecoin TRUMP: But Who Is Really Pocketing The Jackpot?

Memecoins, these digital assets as unpredictable as a weather vane in a storm, have the knack of turning simple traders into millionaires overnight… only to bring them back down to earth just as quickly. But who are the real winners in this crypto jungle? The promoters, of course! And among them, one name grinds teeth: Donald Trump. With the TRUMP memecoin, nearly 350 million dollars have been raked in by the creators. A real gamble, but at what cost for investors?

Donald Trump and the TRUMP memecoin: a golden deal?

Hard to imagine Trump without juicy business deals. The launch of the TRUMP memecoin last January, just days before his return to the White House, did not deviate from the rule. With 1 billion tokens minted and a first wave of 200 million tokens released on the market, the cash machine was up and running.

Result? Over 314 million dollars pocketed from token sales, and 36 million in fees on the Solana blockchain.

But what does Trump himself say about this affair? When asked about the billions generated by his memecoin after its ATH, the former president replies dismissively: “Billions? That’s nothing!.”

A nothing that would certainly make many investors happy. Except that, you see, the price of TRUMP has collapsed by 82% since its peak at 75 dollars. Why? An explosive cocktail of market manipulation and memecoin wars, notably with the arrival of MELANIA, an altcoin named after his wife.

The numbers are dizzying:

• 1 billion tokens created;
• 314 million dollars from sales;
• 36 million dollars in fees;
• 831 million TRUMP tokens still in the hands of affiliated accounts.

So, mere market coincidence or a real setup?

Towards regulation of political memecoins?

With the TRUMP scandal (and LIBRAgate), lawmakers are starting to worry. Memecoins, which have never had a good reputation, are becoming a real regulatory headache, especially when they touch upon the political world. Proof? The proposal of the Meme Act, which aims to prohibit public officials from issuing or promoting memecoins like TRUMP.

On the same day, another text is introduced in the New York Assembly to sanction rug pulls, these scams where creators disappear with the cash. In a market where investors already have to navigate blindly, could these initiatives curb the madness of meme cryptos?

Meanwhile, the SEC and other financial regulators are passing the buck. For them, memecoins do not fall into the category of securities. In other words, no one really wants to take charge of the matter.

Will we have to wait for a scandal of significant magnitude to take action?

Moreover, the tide has turned for memecoins. The Pump.fun crash, against the backdrop of the LIBRA scandal in Argentina, has highlighted the deviations of a market losing momentum. The question is simple: do memecoins still have a future, or are they doomed to disappear under the weight of regulations and scandals?