Trump’s TRUMP Memecoin Holdings Could Fund Private Jet Purchase
Donald Trump’s memecoin holdings could potentially finance the purchase of a Qatar jet within 135 days if liquidated at current prices. The TRUMP token, with a market cap of $2.7 billion, has seen significant insider activity, including daily transfers to exchanges since April 19.
Approximately 40 million tokens unlocked on April 18, with another 20 million set for release on May 26. On-chain data reveals wallets linked to insiders moving millions in TRUMP tokens to exchanges, including a single transfer of 1.346 million tokens worth $19.5 million.