Donald Trump pushes back against claims that he benefits from Trump Memecoin, his official cryptocurrency, launched days before his presidential inauguration.
Chainalysis recently reported that the Trump token earned $ 900,000 in fees for a two -day period for his backers.
The wallets from the largest holders of the token are controlled by CIC Digital LLC, a device also used for his NFT collection, and Fight Fight Fight LLC, owned by CIC Digital. Overall, they own 80% of Trump -Tokens.
“I don’t benefit from anything,” Trump said during an interview with NBC News, adding that he had not looked at the token performance and that any financial benefits would be random. “If I own stock in something and I do a good job and the stock market is going up, I assume I benefit,” he said.
The Trump token has seen strong market activity in recent weeks. It is currently about $ 11.20, a significant fall from its highest height of $ 44.19, but still up 20% over the past month.
Recently, the White House announced that the largest 220 holders of the $ Trump token would be invited to dinner with the president.
Eric Trump, President Trump’s son, will be a headline speaker in Consensus 2025 in Toronto.
