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The $TRUMP cryptocurrency, introduced by President-elect Donald Trump on the Solana blockchain platform, has a total expected supply of 1 billion tokens. Of this, 200 million tokens have been initially issued, accounting for 20% of the total supply. Notably, the remaining 80% supply, equivalent to 800 million tokens, is held by entities associated with Mr. Trump, including CIC Digital LLC and Fight Fight Fight LLC. These tokens will be gradually released over the next three years.
The majority of the $TRUMP supply is controlled by entities associated with Mr. Trump, which has raised concerns about potential conflicts of interest and concentration of power in the cryptocurrency market. Some analysts have warned that this allocation could affect the transparency and fairness of the market.
However, Mr. Trump asserted that $TRUMP was created as a symbol of his ideals, not for investment purposes. On the official website of this currency, there is a clear statement that the token is not considered as an investment opportunity, but as a symbol of support for the values represented by Mr. Trump.
#$TRUMP Continues to Rise