{"id":25150,"date":"2025-05-05T08:32:59","date_gmt":"2025-05-05T08:32:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25150"},"modified":"2025-05-05T08:32:59","modified_gmt":"2025-05-05T08:32:59","slug":"donald-trump-denies-claims-of-profiting-from-trump-token","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25150","title":{"rendered":"Donald Trump Denies Claims of Profiting From TRUMP Token"},"content":{"rendered":"<div>\n<p>Donald Trump is pushing back against claims that he\u2019s profiting from the TRUMP memecoin, his official cryptocurrency <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/22\/donald-trumps-official-token-surges-25-as-some-see-it-as-bet-on-presidency\">that launched days before his <\/a>presidential<a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/22\/donald-trumps-official-token-surges-25-as-some-see-it-as-bet-on-presidency\"> inauguration<\/a>.<\/p>\n<p><a href=\"https:\/\/solscan.io\/account\/5e2qRc1DNEXmyxP8qwPwJhRWjef7usLyi7v5xjqLr5G7\">Chainalysis recently reported<\/a> that the TRUMP token earned $900,000 in fees in a two day span for its backers. <\/p>\n<p>The wallets of the largest holders of the token are controlled by CIC Digital LLC, an entity also used for his <a href=\"https:\/\/www.coindesk.com\/web3\/2023\/04\/15\/trump-earned-up-to-1m-from-nft-sales-filings\">NFT collection<\/a>, and <a href=\"https:\/\/finance.yahoo.com\/news\/trumps-crypto-coin-sparks-ethics-205133369.html\">Fight Fight Fight LLC<\/a>, which is co-owned by CIC Digital. Collectively, they own 80% of the TRUMP tokens.<\/p>\n<p>\u201cI\u2019m not profiting from anything,\u201d Trump <a href=\"https:\/\/www.nbcnews.com\/politics\/trump-administration\/fact-checking-donald-trumps-may-interview-meet-press-rcna203513\">said during an interview with NBC News,<\/a> adding that he hadn\u2019t looked at the token\u2019s performance and that any financial benefits would be incidental. \u201cIf I own stock in something, and I do a good job, and the stock market goes up, I guess I\u2019m profiting,\u201d he said.<\/p>\n<p><a href=\"https:\/\/www.coindesk.com\/price\/trump\">The TRUMP token<\/a> has seen strong market activity in recent weeks. It\u2019s currently trading around $11.20, a significant drop from its all-time high of $44.19, but still up 20% over the past month.<\/p>\n<p>Recently, <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/04\/25\/want-to-have-dinner-with-the-u-s-president-all-you-will-need-is-to-hold-usd420-worth-of-trump\">the White House announced<\/a> that the largest 220 holders of the $TRUMP token would be invited for dinner with the President.<\/p>\n<p>Eric Trump, the son of President Trump, will be a <a href=\"https:\/\/www.coindesk.com\/consensus-toronto-2025-coverage\/2025\/04\/16\/coindesk-announces-eric-trump-as-a-headline-speaker-at-consensus-2025\">headline speaker<\/a> at Consensus 2025 in Toronto. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump is pushing back against claims that he\u2019s profiting from the TRUMP memecoin, his official cryptocurrency that launched days before his presidential inauguration. Chainalysis recently reported that the 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25150","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25150"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25150\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}