Bill Zanker, a longtime ally of US President Donald Trump, is leading an effort to raise at least $200 million to support Trump’s official meme coin, reports have revealed.
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The bid is being made through a group called Fight Fight Fight LLC, and backers say funding could reach $1 billion, but there is no guarantee a deal will go through.
Rescue plans targeting market pressures
According to bloomberg The token has lost most of its value since its launch, falling from $75 in January to about $8 now, a drop of more than 90%, according to people familiar with the effort.
Zanker’s pitch is to build a digital asset vault that buys and supports tokens to stabilize transactions and reshape investor interest.
President Trump has shown clear support for this initiative. In May 2025, after a social campaign to get top contributors a seat at dinner, he met privately with leading holders. Although the organizers maintained a live leaderboard associated with the token, the event had little impact on the price.
Fight Fight Fight LLC, the issuer of the TRUMP token, plans to raise at least $200 million to create a digital asset treasury (DAT) to accumulate the flagging “Trump meme coin,” according to Bloomberg. The company is run by Bill Zanker, a longtime colleague of Donald Trump, and…
— Wu Blockchain (@WuBlockchain) October 8, 2025
Token management and supply issues
According to Messari data, only 20% of the total supply is currently unlocked, with a secondary market value of approximately $1.5 billion.
The remaining 80% of the tokens are locked at launch and will be released over time. Concentrations of locked supply, much of it held by companies with ties to the U.S. president, are a persistent concern for traders because future releases could swell supplies and pressure prices.
Rival tokens are strengthened
While the Trump token is in decline, freedom of the world WLFI, a financial institution, is attracting massive support. According to the report, ALT5 Sigma holds approximately $1.3 billion in WLFI.
According to CoinGlass data, approximately $82 million was drained from the WLFI permanent market during the recent crunch, with the total amount capped at $630 million.
Community sentiment tracking fell from 79% to about 75%, with more than 4% of investors switching from bullish to bearish on a particular platform, according to Market Tracker.
Whales and exchanges are active
meanwhile, arkham intelligence Concentrated platforms such as Robinhood, BitGet, Bitpanda and IndoDax have collectively invested more than $30 million, warning that major cryptocurrency players are accumulating WLFI in recent days.
At the same time, exchanges such as Binance, MEXC, and Coinbase shed some of their holdings in WLFI, each selling less than 1% of their reserves.
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Featured image from Getty Images, chart from TradingView
