Bill Zanker, a prominent supporter of US President Donald Trump, is spearheading a campaign to raise over $200 million to support the struggling Official Trump meme coin, reports have revealed.
The fundraising initiative is being orchestrated through Fight Fight Fight LLC, with projections indicating that the total amount raised could potentially reach $1 billion. However, there is no certainty that the deal will come to fruition.
The primary objective of the rescue plan is to alleviate the intense market pressure that has caused the Trump meme coin to plummet in value. Since its inception, the token has experienced a significant decline, dropping from $75 in January to a mere $8 at present, marking a staggering decrease of over 90%.
Bill Zanker’s proposal involves the creation of a digital-asset treasury that would actively acquire and support the token to stabilize trading activities and reignite investor interest in the coin.
In a bid to garner support for the initiative, President Trump himself has shown visible backing. In May 2025, he held a private meeting with key stakeholders following a social media campaign that offered top contributors the chance to attend a dinner event. Despite efforts to boost the token’s price through these initiatives, the impact on its value has been minimal.
One of the major concerns surrounding the Trump meme coin is the issue of token control and supply. Currently, only 20% of the total token supply is accessible for trading, leaving a circulating market value of approximately $1.5 billion. The remaining 80% of tokens were initially locked at launch and are scheduled for release over time. This concentration of locked supply, particularly in the hands of entities associated with the US President, poses a significant risk for traders as future releases could flood the market and exert downward pressure on prices.
In contrast to the struggles faced by the Trump token, World Liberty Financial’s WLFI has witnessed substantial support and investment. Reports indicate that ALT5 Sigma holds around $1.3 billion worth of WLFI. Despite a recent decline in the total value locked, community sentiment towards WLFI remains positive, with a majority of investors maintaining a bullish outlook on the token.
In recent days, significant activity has been observed among large crypto players accumulating WLFI, with prominent exchanges like Robinhood, Bitget, Bitpanda, and Indodax collectively investing over $30 million in the token. Additionally, exchanges such as Binance, MEXC, and Coinbase have made minor adjustments to their WLFI holdings, selling small portions of their reserves.
As the crypto market continues to evolve, the fate of the Official Trump meme coin remains uncertain. With Bill Zanker at the helm of the fundraising efforts, the future of the token hangs in the balance, dependent on the success of the proposed digital-asset treasury and the ongoing support of President Trump and other key stakeholders.