Fight Fight Fight LLC contact and longtime Trump associate tied to the operator of $TRUMP and its token-holder dinner promotion.
Relationship to Trump $TRUMP operator contact and Trump associate Timeline 2025-05-06 Senate inquiry maps Zanker, Fight Fight Fight, and Trump's token promotion Senate subcommittee opened a preliminary inquiry on May 6, 2025; no adjudication $TRUMP operator contact and Trump associate · reported · 1 source 2025-05-12 $TRUMP's reported fees and holder losses diverge before the Trump dinner $3.9 billion in holder losses and $320.19 million in entity fees estimated at the May 12, 2025 snapshot $TRUMP operator contact in Trump-promoted venture · reported · 2 sources other $TRUMP drawdown from reported peak 90%
Measured subject $TRUMP token market price observed · 2025-05-12 · observed Read source record Calculation details Population $TRUMP token market price from the Reuters-reported post-launch peak of about $75 to the reported low of $7.50Period 2025-01-17 to 2025-05-12Basis Calculate (75.00 − 7.50) ÷ 75.00 × 100 = 90% from the peak and May 12 price reported by Reuters; the separate contest-cutoff price is outside this interval.Limits Reuters reported rounded prices and did not supply intraday timestamps in the cited article; the 90% result is therefore a rounded drawdown, not a tick-level all-time-low calculation.fee Estimated fees to entities behind $TRUMP $320.19 million
Estimated fee payer / source $TRUMP traders
Estimated fee recipient Entities behind $TRUMP estimated · 2025-05-12 · observed Read source record Calculation details Population Cumulative trading fees Chainalysis attributed to the entities behind $TRUMP from launch through the May 12 Reuters reportPeriod 2025-01-17 to 2025-05-12Basis Use Reuters' report of Chainalysis's on-chain fee estimate for issuer- and operator-linked entities collectively, excluding the market value of locked token holdings.Limits Reuters did not publish the complete address set or allocation among CIC Digital, Fight Fight Fight, Celebration Cards, liquidity providers, or individuals; do not treat the aggregate as Trump or Zanker personal income.loss Estimated $TRUMP wallet losses $3.9 billion
Loss or cost borne by 592,962 losing $TRUMP wallets estimated · 2025-05-12 · observed Read source record Calculation details Population The same 592,962 $TRUMP wallets Inca Digital classified as losing money from launch through May 12, 2025Period 2025-01-17 to 2025-05-12Basis Use Reuters' $3.9 billion Inca Digital loss estimate paired with 592,962 wallets; later rounded figures cover a differently stated population and total.Limits Rounded third-party estimate; Reuters did not publish the underlying cost-basis model, address clustering, or split between realized and mark-to-market losses.loss $TRUMP wallets with losses 592,962 wallets
Loss or cost borne by 592,962 $TRUMP wallets classified as losing estimated · 2025-05-12 · observed Read source record Calculation details Population $TRUMP blockchain wallets that Inca Digital classified as having lost money from launch through the May 12 Reuters snapshotPeriod 2025-01-17 to 2025-05-12Basis Use Reuters' report of Inca Digital's on-chain loss count for 592,962 wallets. Wallets are not people or unique beneficial owners.Limits Reuters did not publish Inca's full address-clustering, exchange-omnibus, transfer, cost-basis, or realized-versus-unrealized methodology; treat the count as a third-party point estimate.2026-08-27 Later Nansen study estimates $TRUMP losses across likely retail wallets About 1 million likely retail wallets estimated underwater by August 27, 2026 $TRUMP operator contact linked to later holder outcomes · estimate · 2 sources other $TRUMP drawdown from reported peak to all-time low approximately 98.1%
Measured subject $TRUMP token market price observed · 2026-08-13 · observed Read source record Calculation details Population $TRUMP market price from the Public Citizen-reported $73.43 January 19, 2025 peak to the $1.37 August 13, 2026 lowPeriod 2025-01-19 to 2026-08-13Basis Calculated ($73.43 − $1.37) ÷ $73.43 × 100 = 98.1343%, rounded to 98.1%, from the exact peak and low price observations and dates reported by Public Citizen.Limits A peak-to-low market-price change is not realized investor loss, market-cap decline, or a measure of every holder's cost basis; the published price inputs may aggregate exchange markets.loss Estimated losses among underwater likely retail $TRUMP wallets $3.2 billion
Loss or cost borne by Roughly 1 million losing likely retail Solana DEX wallets estimated · 2026-08-27 · observed Read source record Calculation details Population Roughly 1 million likely retail Solana DEX wallets Nansen classified as underwater on $TRUMP by August 27, 2026Period 2025-01-17 to 2026-08-27Basis Use Nansen's $3.2 billion combined loss estimate for its likely-retail losing-wallet population; approximately $400 million realized through sales is a nested subset.Limits Most of the estimate was unrealized and prices can change; scope excludes other venues and is methodologically incompatible with Inca Digital's May 2025 population, so the values are not added.loss Estimated realized subset of likely retail $TRUMP losses about $400 million
Loss or cost borne by Likely retail Solana DEX realized-loss wallets realized · 2026-08-27 · observed Read source record Calculation details Population Realized-loss subset within Nansen's roughly 1 million underwater likely retail Solana DEX walletsPeriod 2025-01-17 to 2026-08-27Basis Use Public Citizen's report that about $400 million of Nansen's $3.2 billion combined likely-retail loss estimate had been realized through sales as the nested realized subset.Limits Rounded subset estimate; it must not be added to the $3.2 billion total, and the source did not publish complete trade matching, wallet clustering, or recipient allocation.loss Likely retail $TRUMP wallets underwater roughly 1 million of about 1.6 million wallets
Loss or cost borne by Roughly 1 million likely retail Solana DEX wallets estimated · 2026-08-27 · observed Read source record Calculation details Population Likely retail wallets that bought $TRUMP on Solana decentralized exchanges in Nansen's Public Citizen analysisPeriod 2025-01-17 to 2026-08-27Basis Use Nansen's rounded estimate of roughly 1 million underwater wallets among about 1.6 million likely retail Solana DEX buyer wallets. Wallets are not people or unique beneficial owners.Limits Rounded third-party estimate limited to Solana decentralized exchanges; Public Citizen did not publish the complete clustering or cost-basis code, and one owner may control multiple wallets.Roles and relationships Relationships $TRUMP operator contact linked to later holder outcomes business political estimate · 1 file · 2 source references Open cited record $TRUMP operator contact in Trump-promoted venture business political reported · 1 file · 2 source references Open cited record Source: Jim Spellman / WireImage / Getty Images, via CoinDesk · Rights/use: Copyright retained by Jim Spellman, WireImage, and Getty Images; unlicensed low-resolution editorial use · Modified: cropped and resized 
