Donald Trump says he’s not profiting from the TRUMP token. But with the memecoin earning nearly $1 million in two days and his allies owning 80% of the supply, the lines are getting blurry.
Trump Pushes Back on Profit Accusations
Just days after Chainalysis reported that TRUMP token wallets linked to Trump’s business entities made $900,000 in fees in under 48 hours, the former president has denied he’s cashing in. “I’m not profiting from anything,” Trump told NBC News. He claimed ignorance of the token’s market performance and said any upside would be incidental. “If I own stock in something, and I do a good job, and the stock market goes up, I guess I’m profiting.”
Entities Linked to Trump Control Majority of Tokens
Two entities — CIC Digital LLC and Fight Fight Fight LLC — are behind the wallets holding most of the TRUMP token. CIC also manages Trump’s NFT collection, while Fight Fight Fight is partly owned by CIC. Combined, they hold a staggering 80% of the token’s supply.
That level of concentration raises obvious questions. Who benefits when prices rise? And is this really a decentralized asset, or a political loyalty badge?
Token Surges While White House Plans Dinner Invite
The TRUMP token has pulled back from its all-time high of $44.19 but is still trading around $11.20 — up 20% in the past month. Amid the climb, the White House announced a dinner invitation for the top 220 holders of the token. The plan? An exclusive event with the President himself.
This isn’t satire. It’s the strange new world where memecoins and politics now share a seat at the table — literally.
Crypto and Campaigns Begin to Blur
Eric Trump, meanwhile, is set to speak at Consensus 2025 in Toronto. That makes the Trump brand one of the few political dynasties embracing crypto this openly. Whether or not Trump profits personally, the digital token bearing his name is creating real-world incentives — from influence to access.
We don’t know if this will become the new normal for campaign funding or if it will end in regulatory crackdowns.
Trump-themed memecoins like $TRUMP and $MELANIA are notoriously volatile. Their prices swing fast. Their origins spark debate. And their ties to political figures raise real ethical questions. That’s why staying informed isn’t optional—it’s essential.
Investors can use platforms like TipRanks’ Cryptocurrency Center to monitor price action, sentiment, and token metrics in real time. Click the image below to explore the data and keep your edge.
