{"id":5601,"date":"2025-05-05T16:58:37","date_gmt":"2025-05-05T15:58:37","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=5601"},"modified":"2025-05-05T16:58:38","modified_gmt":"2025-05-05T15:58:38","slug":"trump-memecoin-profits-donald-trump","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/trump-memecoin-profits-donald-trump\/","title":{"rendered":"How Much Did Donald Trump Really Earn from the TRUMP Memecoin ?"},"content":{"rendered":"\n

Contradictory Statements on Memecoin Profits<\/h2>\n\n\n\n

In a recent interview, Trump<\/a> <\/strong>made rather ambiguous statements when asked if he was profiting from his memecoin<\/strong>, TRUMP<\/strong>. Initially, he claimed to derive no benefit <\/strong>from this initiative. A few moments later, he admitted, “I haven’t even looked.”<\/em> Before adding that if he benefits from the good<\/strong> management <\/strong>of the token, “I guess I’m profiting”<\/em>. These contradictory responses raise questions about the actual level of Trump’s involvement in this operation.<\/p>\n\n\n

\n
\"Donald
Source: Flickr<\/figcaption><\/figure>\n<\/div>\n\n\n

Launched on January 17, 2025, the TRUMP <\/a>token reached highs of $73.43<\/strong>, just before the American president’s inauguration. However, it has since plummeted by nearly 85%<\/strong>. Despite this steep decline, the token recently saw a resurgence after Trump promised a private dinner <\/strong>to key holders.<\/a><\/p>\n\n\n\n

Token Supply Control by Trump Entities<\/h2>\n\n\n\n

While Trump downplays his involvement, two entities linked to his business empire, CIC Digital LLC<\/strong> and Fight Fight Fight LLC<\/strong>, control 80% of the total supply of his tokens. These shares are locked and will be gradually released by 2028<\/strong>. In April 2025, CIC Digital even unlocked tokens worth $454 million<\/strong>.<\/p>\n\n\n\n

Trump continues to show his support for the cryptocurrency<\/a> sector, warning that without American innovation, China could dominate this market. However, some critics, including Republican senators, have questioned his memecoin-related activities, seeing a potential conflict of interest<\/strong>.<\/p>\n\n\n\n

The TRUMP token reflects the president’s ambitions<\/strong> in the cryptocurrency<\/a> space, but also the controversies<\/strong> surrounding it. Stay informed about the latest industry trends to not miss out on upcoming developments.<\/p>\n\n\n\n

\n
Buy cryptos on Bitget <\/strong>now !<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n