I imagine a lot of this is coming off the back of individuals/corporations/nations seeking influence over Trump; especially when you consider that something like 80-90% of initial tokens were owned by Trump and insiders.
A couple hundred million dollars is a small amount to pay for the leverage it could provide. I honestly think a large number of the biggest bagholders would be linked to the Saudi’s and Musk.
I imagine a lot of this is coming off the back of individuals/corporations/nations seeking influence over Trump; especially when you consider that something like 80-90% of initial tokens were owned by Trump and insiders.
A couple hundred million dollars is a small amount to pay for the leverage it could provide. I honestly think a large number of the biggest bagholders would be linked to the Saudi’s and Musk.