A Donald Trump ally has plans to boost the president's memecoin after it crashed 87% with a "Billionaires Club"-themed game, according to reports on Tuesday.
Entrepreneur Bill Zanker revealed he will release the “Trump Billionaires Club” on Apple's App Store and online at the end of the month, Bloomberg reported.
In a new trailer for the mobile game, a voice similar to Trump tells players they can become billionaires and collect the memecoin.
"After hitting an $8.8 billion market cap when it launched just days before the 2025 presidential inauguration, it has since shed about $7.6 billion in value, according to CoinGecko. As of this week, its market cap sits below $1.2 billion," according to Bloomberg.
Freedom 45 Games LLC, the creators of the game, will also offer "$1 million worth of the token in prizes" to entice people to buy.
"The game launch follows a familiar pattern: speculative tokens repackaged into attention-seeking trades that rely on retail speculation. Earlier efforts to boost the price included an aborted attempt to launch a Trump-branded digital wallet, and more recently a plan to create a digital-asset treasury company to collect the coin, targeting funding of as much as $1 billion," Bloomberg reported.