Donald Trump again makes waves in the crypto world – but this time it is not to launch a new token. In just 100 days ago at the office, Trump’s Meme Coin, $ Trump, generated more than $ 320 million in profit for entities that have been linked to him. Just before his return to the White House, the value of the coin shot up.
Top investors are even promised a private dinner with Trump, which contributes to the buzz. But while supervisors mitigate their position on crypto, experts spend their concern about whether a sitting president should benefit from such companies.
In a recent NBC news interviewTrump gave conflicting reactions when he was asked if he benefited from his Memecoin, official Trump (Trump). Initially he claimed that he didn’t make it. Moments later he admitted: “I didn’t even look”, adding that if his stock went up while he does a good job, “I think I will benefit.”
The Trump team denies every conflict of interest, but with billions in potential income that are linked to these tokens, along with crypto deals in which his brand is involved – such as an investment of $ 2 billion from Abu Dhabi – concerns about ethics and influence.
Token Surge and Sharp Decline
The token, which was launched on January 17, 2025, peaked at $ 73.43 just before Trump’s inauguration. Since then, however, it has fallen almost 85%. Nevertheless, De Munt recently experienced a peak after Trump had promised a private dinner to top holders on 22 May 2025. From now on it will be traded at around $ 11.35.
Trump’s entities control 80% of Trump Token Supply
Although Trump breaks down his involvement, two entities have bound to his business empire – CIC Digital LLC and Fight Fight Fight LLC – 80% of the 1 billion Trump token stock. These companies are locked and are gradually released until 2028. In April 2025 CIC Digital unlocked for $ 454 million in tokens.
By one Financial times Report, the Memecoin has generated more than $ 350 million by token sales and transaction costs.
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Trump’s support for crypto and growing criticism
Trump has been supported for crypto and warned that China could dominate the industry without American innovation. However, some critics, including Republican senators, have questioned his memecoin transactions and claim that they can be a conflict of interest if he can do a campaign for Crypto -derregulation.
When asked if he would donate a crypto income such as his presidential salary, Trump replied: “I never thought of that.”
For now, Trump’s Trump -Token serves as a symbol of his ambitions in crypto – and the controversies around it.
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FAQs
Two Trump-linked companies, CIC Digital LLC and Fight Fight Fight LLC, check 80% of the 1B Trump token stock.
Entities linked to Trump reportedly have earned more than $ 350 million from $ Trump through token sale and transaction costs.
This memecoin is available for acting on top cryptocurrency exchanges such as Coinbase, Binance, Bitget and Major Solana pairs.
Credit : coinpedia.org
