Exclusive-Trump's meme coin made nearly $100 million in trading fees, as small traders lost money
Entities behind President Donald Trump’s crypto coin have accumulated close to $100 million in trading fees in less than two weeks, according to estimates from three blockchain analysis firms, a large windfall from a venture that has seen tens of thousands of small traders lose money. Three crypto data firms, including Merkle Science and Chainalysis, analyzed the blockchain, a publicly available ledger that shows all transactions involving $Trump, for Reuters. One of the entities behind the crypto coin is a company owned by Trump, called CIC Digital.
