January 19… )
This was a tough note to write, so I’m going to power through it because I know in my gut it has to be done. I hope I’m wrong about these ideas and that in itself is my inner voice saying, “Hey.”
“Cut the pizza in four slices. I’m not hungry enough to eat six.” Yogi Berra
I suppose if a guy can make untold billions in a few hours on a Friday afternoon he deserves a little respect, whatever you think of his politics. After all it’s been quite ride and here we are. From Pizza day in 2009, to life in prison for Ross Ulbrict in 2015, and now Wall Street’s Bitcoin mania a decade later, Donald J. Trump just opened the oyster with a feather and repriced every shtcoin and crypto forever… and maybe gold for a while.
The obvious question is, “What is gettrumpmemes.com and who owns it? So, I asked GROK, “Does Trump’s Truth (DJT chart below) own $TRUMP?” This is the answer I got:
“Based on available information, Donald Trump's company, Trump Media & Technology Group Corp. (DJT), does not directly own the new cryptocurrency token called $TRUMP. Instead, the token appears to be managed by:
CIC Digital LLC and Fight Fight Fight LLC, which are entities linked to Donald J. Trump. Specifically: CIC Digital LLC is owned by the Donald J. Trump Revocable Trust, meaning Donald Trump is indirectly involved through his trust. These entities collectively own 80% of the $TRUMP token's supply. (
This setup indicates that while DJT (Trump Media & Technology Group Corp.) is not the direct owner, Donald Trump has significant control over the token through his affiliated companies. The token's management and ownership are structured to potentially benefit Trump personally or his trust rather than being directly under the umbrella of Trump Media & Technology Group Corp.”
Chat-GPT:
Yes, Donald Trump's company, the Trump Organization, has a significant ownership stake in the newly launched $TRUMP cryptocurrency token. The token was introduced on January 17, 2025, just days before Trump's inauguration, and is hosted on the Solana blockchain.
Approximately 80% of the total $TRUMP token supply is held by two entities affiliated with the Trump Organization: CIC Digital LLC and Fight Fight Fight LLC. These holdings are scheduled for gradual release over the next three years.
DJT (chart below) at Friday’s settlement: 100 million share float of 217 million outstanding and a 10 million short interest as per the DTCC via BBG. So, there seems to be more than another new Token afoot. Maybe a plan? We shall see what happens on Tuesday.
I wonder if Trump will issue an executive order about short selling which went up by millions of shares in DJT the day before the attempt on his life last July and has yet to recede to prior levels. It is no secret how he, Musk and RFK Jr. feel about short selling. Hindenberg is out.
So, now at this point, you’re wondering what about gold? Well, … hold my beer.
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