Trump denies profiting from TRUMP token, claims not paying attention to its performance

PANews
PANews|May 05, 2025 07:57
According to CoinDesk, US President Donald Trump recently publicly denied claims that he is personally profiting from the TRUMP meme of the same name. In an interview with NBC News, Trump stated that he "did not profit from anything" and did not pay attention to the market performance of the token, believing that any potential financial gains were "accidental". However, previous analysis reports (such as Chainalysis) have pointed out that the token has generated hundreds of thousands of dollars in fee income for its supporters in the short term. And, according to reports, 80% of the supply of TRUMP tokens is held by wallets jointly controlled by CIC Digital LLC (also used to manage its NFT series) and Fight Fight LLC, entities associated with Trump. Recently, the White House also announced plans to invite the 220 largest holders of TRUMP tokens to dinner with the President.
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