Reported about 23 hours ago
Bill Zanker, who issued Donald Trump's memecoin before his second inauguration, is aiming to raise at least $200 million to establish a digital asset treasury company that will accumulate the struggling token. The initiative, with aspirations of reaching up to $1 billion in funding, comes as the Trump coin's value has plummeted from a January peak of $44 to around $8. This effort marks Zanker's latest move to stabilize the token, which has faced challenges since its launch.
Source: YAHOO