{"id":8635,"date":"2025-01-20T13:31:35","date_gmt":"2025-01-20T13:31:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8635"},"modified":"2025-01-20T13:31:35","modified_gmt":"2025-01-20T13:31:35","slug":"market-seeks-further-information-on-utilization-of-80-trump-token-supply-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8635","title":{"rendered":"Market Seeks Further Information On Utilization Of 80% TRUMP Token Supply: Report"},"content":{"rendered":"<div>\n<p>A new report from <strong>Bernstein <\/strong>says that the cryptocurrency market will closely examine the utilization of 80% of the <strong>Official Trump<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">TRUMP<\/a>) token supply held by Trump <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43080060\/donald-trump-and-melania-memecoins-combined-market-value-is-now-higher-than-that-of-warren-buffetts-hot-pick\">insiders in the coming days.<\/a><\/p>\n<p>The TRUMP token, launched unexpectedly on the <strong>Solana <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) blockchain, reached a fully diluted market cap of approximately $73 billion. It traded over $30 billion in a day within 48 hours, surpassing <strong>Dogecoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>) as one of the largest meme coins in the market, before experiencing a drawdown of about 50% from its highs.<\/p>\n<p>The token\u2019s launch was facilitated by <strong>CIC Digital<\/strong>, an entity associated with the Trump campaign, which had previously launched branded NFTs and merchandise. <\/p>\n<p><strong>Also Read: <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43065531\/coinbase-launches-bitcoin-backed-loans-for-us-users\">Coinbase Launches &#8230;<\/a><\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/01\/43082005\/market-to-seek-further-information-on-utilization-of-80-trump-token-supply-says-bernstein\" alt=\"Market\" seeks further information on utilization of trump token supply: report>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A new report from Bernstein says that the cryptocurrency market will closely examine the utilization of 80% of the Official Trump (CRYPTO: TRUMP) token supply held by Trump insiders in the coming days. The TRUMP token, launched unexpectedly on the Solana (CRYPTO: SOL) blockchain, reached a fully diluted market cap of approximately $73 billion. It [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8635","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8635"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8635\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}