Trump Meme Coin Plunges 90%, Team Plans $200M–$1B Buyback Fund
Fight Fight Fight LLC, led by Bill Zanker, is raising $200M–$1B to create a buyback fund aimed at stabilizing the Trump meme coin. The token has tumbled 90% from its January $75 peak to around $8, slipping over 10% this month. Only 35% of TRUMP tokens are unlocked, yielding a circulating market cap near $1.5B, while 65% remain locked under Trump-related entities. 24-hour trading volume has surged over 100% to $517M, signalling renewed trader interest and potential for a short-term rebound. In May, a private dinner for top holders, including Tron’s Justin Sun, sparked protests and led 35 U.S. House members to call for a bribery probe. Separately, alt5 Sigma plans to raise $1.5B via $7.50 share sales to build the World Liberty Financial (WLFI) treasury. WLFI holders approved a fee-driven token burn and buyback strategy to support token value. Technical analysis shows a descending wedge pattern that could trigger a breakout. Traders should watch the buyback fund’s progress as it could drive a bullish reversal for the Trump meme coin.
Bullish
The planned $200M–$1B buyback fund and 35% unlocked supply create a structural support mechanism for the Trump meme coin. A 100% surge in 24-hour volume to $517M reflects renewed trading interest, while the descending wedge technical pattern hints at a potential breakout. The WLFI token burn and buyback strategy further underpins long-term value. Although regulatory scrutiny and locked supply remain risks, the combination of liquidity injection and positive market signals points to a likely bullish turnaround.