About 200,000 encrypted wallets suffered losses due to the "Trump" coin

Reprinted from panewslab
02/03/2025·29DPanews News on February 3rd, according to Golden Ten reports, the estimation of the three blockchain analysis companies, the entities behind the cryptocurrency of US President Trump earned nearly $ 100 million in transaction fees in less than two weeks. This is a huge accident, but thousands of small traders have suffered losses. Trump launched tokens called "Trump" on January 17 and soared rapidly. Three encrypted data companies, including Merkle Science and Chainalasis, analyzed the blockchain and showed all transactions involving "Trump". They estimate that as of January 30, the "Trump" tokens had incurred a transaction fee of 86 million to 100 million US dollars. This far exceeds the numbers reported earlier. One of the entities behind this cryptocurrency is a company named CIC DIGITAL owned by Trump. The official website of "Trump" stated that CIC DIGITAL will "get transaction revenue from the transaction activity of this coin." At the same time, about 200,000 encrypted wallets (most of them are small assets) have suffered losses for "Trump" coins on the exchange.