TRUMP Token Surges 43% Amid Republic.com Acquisition Talks
TRUMP Meme Coin Acquisition Plans
- Fight Fight Fight LLC., creator of the TRUMP meme coin, is considering acquiring Republic.com’s US operations.
- The acquisition may enable Republic users to use the TRUMP coin for transactions.
- Fight Fight Fight aims to recover from a 90% decline in TRUMP token value.
- CIC Digital, linked to The Trump Organization, owns 80% of the meme coin with Fight Fight Fight.
- The acquisition discussions are private and involve multiple potential partners.
Republic's Tokenization Efforts and TRUMP Price Movements
- Republic.com, known for funding over 3,000 campaigns, is backed by Galaxy Digital and Binance's venture arm.
- In September, Republic planned to tokenize Animoca Brands’ equity, enhancing regulatory-compliant investor access.
- Following these developments, TRUMP's price rose significantly, with a 7.06% increase in 24 hours and a 43.16% rise over 7 days.
- The current trading price of TRUMP is $8.28 according to CoinMarketCap.