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To: Cronos

His sons run this company and have profited. Baron made 41 million as far I know. President Trump currently is a passive investor.
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Reports from Forbes estimated that Barron Trump could have earned about $40 million before taxes (roughly $25 million after taxes) from his ownership stake following token sales. This figure is an estimate based on ownership and proceeds, not a disclosed payment confirmed by Barron or official government filings.


3 posted on 07/05/2026 3:18:18 AM PDT by dennisw (Qatarlson the Insufferable blowhard -There is no limit to human stupidity. |||||||||||||||||||||||||)
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To: dennisw

No. $TRUMP is not a stablecoin.

It is an official meme coin launched on the Solana blockchain in January 2025. Like most meme coins, its price is determined by market trading and can fluctuate dramatically. It has traded from an all-time high above $70 to much lower levels, illustrating that it is highly volatile rather than stable.

The stablecoin associated with the Trump family’s crypto venture World Liberty Financial is called USD1. USD1 is designed to maintain a value of approximately $1.00 by being backed by reserves such as cash and short-term U.S. Treasury securities.

In short:

$TRUMP = meme coin (price is volatile).
USD1 = stablecoin (intended to stay near $1).


4 posted on 07/05/2026 3:20:31 AM PDT by dennisw (Qatarlson the Insufferable blowhard -There is no limit to human stupidity. |||||||||||||||||||||||||)
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To: dennisw

“President Trump currently is a passive investor.”

Heard a number of days ago on a podcast a quick report of Trump’s wealth (not derogatory and paid little attention) as this coin was mentioned as being worth a few million bucks.

Perhaps his own sons (also rich) bought him a bunch of the coins as a gift and also raised the value of the coins LOL.


17 posted on 07/05/2026 4:54:02 AM PDT by quantim (Victory is not relative, it is absolute.)
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