Trump Memecoin prices hit a record high, potentially increasing its net worth fivefold
Arkham Intelligence says Donald Trump's net worth increased by $22 billion overnight, assuming that CIC Digital LLC and Fight Fight LLC together own 80% of TRUMP's supply. What's more, at current prices around $28, the stake is worth $22.40 billion.
Forbes estimates that the president-elect's net worth will reach $5.60 billion by November 2024. If this estimate is accurate, Memecoin's value will increase fivefold.