Trump Could Buy $400M Jet By Selling TRUMP Tokens

Donald Trump, the , has the potential to purchase a Boeing 747-8i jet valued at approximately $400 million by liquidating his TRUMP memecoins. The jet, currently owned by the Qatari royal family, is being offered as a gift to Trump. The analysis considers the current market conditions and the rate at which Trump's team is selling the memecoins.

As of now, there are about 200 million TRUMP tokens in circulation, with a market capitalization of $2.7 billion. A significant portion of these tokens is scheduled to be unlocked over the next few years, with 40 million tokens already unlocked on April 18 and another 20 million set to be unlocked on May 26. Insider wallets have been transferring an average of $1.58 million in tokens to exchanges daily since April 19, with a notable transfer of 1.346 million TRUMP tokens worth $19.5 million on April 29. However, the exact ownership of these wallets has not been disclosed by Trump or his team.

Several scenarios were analyzed to determine how quickly Trump could raise the $400 million needed to purchase the jet. The baseline scenario, assuming a daily sell rate of $1.58 million, would take approximately 269 days to reach the target. If the sell rate doubles after the May 26 dinner, the timeline could be shortened to around 135 days. Conversely, if the price of the tokens drops by 50% midway through the process, it could take up to 538 days to raise the necessary funds.

The analysis also considers the potential impact of accepting the jet as a foreign gift, which could trigger legal and political scrutiny under the Emoluments Clause. This could accelerate the selling of tokens by insider wallets, further shortening the timeline. Additionally, the continued selling of newly unlocked tokens could put downward pressure on the price, but with a market cap of billions and daily volume around $1 billion, these sales could be absorbed through smart trading.

TRUMP tokens are primarily held by Trump's base, memecoin traders, and some institutions and companies. For Trump to continue realizing daily million-dollar gains, these groups would need to match or exceed the continued insider sales to push the price up. As of the latest data, the price of TRUMP tokens has fallen to $12.40, which could lengthen the timeframe needed for Trump to raise the $400 million.

While this analysis is theoretical, Trump's actions during his second term thus far suggest that he is capable of achieving seemingly impossible feats. The potential purchase of the jet highlights the significant financial power that Trump holds through his memecoins, and the strategic decisions he makes regarding their liquidation could have substantial implications for his financial future and political influence.