May 5, 2025
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Donald Trump Denies Claims of Profiting from Trump Token

The Trump Token Is Up 20% Over The Last Month, Account to Market Data”, – WRITE: www.coindesk.com

The Trump Token Is Up 20% Over The Last Month, Account to Market Data May 5, 2025, 7:49 AM

Donald Trump is Pushing Back Against Claims that he’s Profiting from the Trump Memecoin, his Official Cryptocurrency That Launted Days Before His Presidential Inauguration.

Chainalysis recently reported that Trump token Earned $ 900,000 in Fees in a Two Day Span for Its Backers.

The Wallets of the Largest Holders of the Token Are Controlled by Cic Digital LLC, An Entity Also Used for His Nft Collection, and Fight Fight Fight LLC, WHICH IS CO-BYTA. Collectvely, they own 80% of the Trump tokens.

“I’m Not Profiting from Anything,” Trump Said During An Interview With NBC News, Adding That Hadn’s Looked at The Token’s Performance and that Any Financial Bent. “If I Own Stock in Something, and I DO A GOOD Job, and The Stock Market Goes Up, I Guess I’M Proficiency,“ He Said.

The Trump Token Has Seen Strong Market Activity in Recent Weeks. It’s Currently Trading AROUND $ 11.20, A SIGNFICANT DROP FROM ITS All-Time High of $ 44.19, But Still Up 20% Over The Past Month.

Recently, The White House AnnounCed that Largest 220 Holders of the $ Trump Token Wound Be Invited for Dinner with the President.

Eric Trump, The Son of President Trump, Will Be A Headline Speaker at Consensus 2025 in Toronto.

Sam Reynolds

Sam Reynolds is A Senior Reporter Based in Asia. Sam Was Part of the Coindesk Team that Won the 2023 Gerald Loeb Award in the Breaking News Category for Covers of FTX’s Collaps. Prior to Coindesk, He Was A Reporter with BlockWorks and A Semiconductor Analyst with IDC.

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Sam Reynolds

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