After Trump issued the coin, his net worth skyrocketed by 400% overnight
ChainCatcher news, according to blockchain analysis platform Arkham Intelligence, Trump's net worth skyrocketed to $28 billion overnight, thanks to the Meme coin "TRUMP" issued by Trump, which increased his estimated net worth by 400%.
The token price reached $28, and Trump's affiliated companies CIC Digital LLC and Fight Fight Fight LLC control 80% of the supply, with the value of the cryptocurrency he holds alone soaring to $22.4 billion.
For context, Forbes estimated Trump's net worth at $5.6 billion last November.
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