President Trump Dismisses Claims of Profiting From TRUMP Token
- President Donald Trump dismissed claims of profiting from the TRUMP memecoin during an NBC News interview on May 5, 2025, conducted by Kristen Welker.
- The TRUMP token debuted shortly before Trump's January 2025 inauguration and experienced a sharp rise after he announced an exclusive dinner event for the 220 largest holders, sparking concerns about potential conflicts of interest.
- Senators Elizabeth Warren, Cynthia Lummis, and Adam Schiff criticized the token's ties to Trump’s position, calling for ethics probes and warning about possible financial gains.
- The TRUMP token peaked at $44.19 but later fell to around $11.20, with 80% of tokens owned by two companies connected to Trump's associates, generating at least $900,000 in fees.
- Trump maintains he donates his presidential salary, denies intentional profit from the token, yet calls for clearer transparency amid ongoing debates over ethics.
10 Articles
10 Articles
NBC's Kristen Welker Presses Trump on His Crypto Profits
NBC’s Kristen Welker confronted President Donald Trump about whether he is profiting off of the $TRUMP meme coin which was released right before his inauguration in January. In a portion of their extended Meet the Press interview posted exclusively online, Welker noted the coin’s surge in value after Trump agreed to host a private dinner with the top 220 holders of the coin. The coin’s value went as high as $14.32 following the announcement — a …
Trump Says Crypto Stayed Much Stronger Than Traditional Markets During Downturn
President Trump says crypto is key for the U.S. to compete, citing strength in downturns. Trump denies profiting from the Solana-based TRUMP token amid growing scrutiny. Despite a pro-crypto stance, TRUMP coin dips 85%, since its ATH, raising concerns. President Donald Trump has doubled down on his support for cryptocurrency, stating that digital assets have shown greater resilience than traditional markets during recent economic turbulence. In …
POTUS Denies Profiting From Official Trump (TRUMP) Meme Coin - WorldNL Magazine
During a recent lengthy interview with NBC News’ Kristen Welker, US President Donald Trump said he hadn’t even looked at what is happening with the meme coin launched by his team just ahead of his inauguration. He claimed that he hadn’t profited in any form from it, but there are multiple reports that the team had transferred substantial quantities of the token to centralized exchanges in recent weeks, most likely to sell. No Profits, Says Trump…
Crypto Beats The Crash? Donald Trump’s Bold Claim Sparks New Political Storm
President Donald Trump stated that crypto assets remain stronger than most assets during market downturns. He emphasized that the United States must lead in digital asset innovation to stay ahead of countries like China. Trump said the widespread adoption of crypto across sectors proves its growing importance in the global economy. President Donald Trump has maintained robust support for crypto assets by acknowledging their ability to resist mar…
Donald Trump Claims He’s Not Making Money from His Meme Token
The post Donald Trump Claims He’s Not Making Money from His Meme Token appeared on BitcoinEthereumNews.com. One of the biggest events in the crypto world in 2025 was the launch of Donald Trump’s official meme token. Its debut sparked euphoria among investors who believed in a bright future for the blockchain industry, but in reality, things turned out quite differently. The TRUMP token drained liquidity from altcoins, causing their sharp decline…
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