
The issuer of the TRUMP token plans to launch a Digital Asset Treasury (DAT) that will buy back its own tokens. They’re looking to raise anywhere between $200 million and $1 billion for this purpose.
My guess? The TRUMP team was inspired by popular crypto projects that draw attention — and capital — by buying back their own tokens. It’s a great way to create artificial demand and prop up the price.
And let’s be honest — a company linked to Trump probably knows how to push the right buttons to make that demand real. So why not do it? These days, the hottest projects are the ones buying their own tokens.
Honestly, it’s a brilliant move. I’m sure Fight Fight Fight LLC will have no trouble raising the funds. Which means, if you already hold TRUMP, you might be in for a nice upside.
And if you don’t — you can get it on rabbit.io. Best rates, fast swaps, no registration needed.