Trump denies profiting from TRUMP tokens, stating he has not focused on their performance
ChainCatcher news, according to CoinDesk, U.S. President Donald Trump recently publicly denied claims that he is personally profiting from the TRUMP Meme named after him.In an interview with NBC News, Trump stated that he "is not profiting from anything" and has not been paying attention to the market performance of the token, believing that any potential financial gains are "incidental."However, previous analysis reports (such as Chainalysis) indicated that the token had generated hundreds of thousands of dollars in fee revenue for its supporters in a short period. Additionally, it has been reported that 80% of the TRUMP token supply is held by wallets jointly controlled by entities associated with Trump, CIC Digital LLC (also used to manage his NFT series), and Fight Fight Fight LLC. Recently, the White House also announced plans to invite the 220 largest holders of the TRUMP token to dinner with the president.