Sending Once More (stg test)

It has been reported that the newly issued meme coin, OfficialTrump (TRUMP), released before President Donald Trump's inauguration, has brought significant profits to President Trump and his partners. The transaction fees alone for the cryptocurrency are said to be nearing $100 million (approximately 145.2 billion KRW).

On the 9th (local time), the New York Times reported, citing data from Chainalysis, that President Trump, his family, and partners earned about $100 million from transaction fees of OfficialTrump.

OfficialTrump is a meme coin directly issued by President Trump on the 17th of last month. It seems to have absorbed all the buzz surrounding President Trump, as it surged approximately 43,000% to $77 within two days of issuance, compared to its initial price of $0.18. The market capitalization of OfficialTrump surpassed $10 billion within about three days of issuance, overtaking Shiba Inu to rank second in meme coin market capitalization.

During this period, as OfficialTrump recorded a steep rise, early investors who invested in this meme coin reportedly made substantial profits. According to Chainalysis data, there are currently about 700,000 addresses that have profited from OfficialTrump. One investor purchased approximately 6 million tokens at $0.18, recording a profit of $109 million (about 160 billion KRW).

However, not all investors were able to reap profits. This is because OfficialTrump has been on a continuous decline since the first week of trading. As of 2:21 PM on the 10th (KST), OfficialTrump is trading at $15.61, down 11.27% from the previous day according to CoinMarketCap. It has fallen about 80% from its peak price.

As a result, many investors have suffered losses. As of today, a total of 813,294 wallet addresses are recording losses due to OfficialTrump.