TL;DR
- Trump indirectly admitted benefiting from his token after giving contradictory answers about his financial involvement.
- Two companies controlled by the President manage 80% of the token’s supply, which generated over $350 million in sales and commissions.
- The value of the token dropped 85% from its peak but rebounded after the announcement of a private dinner for the main holders in May 2025.
Donald Trump once again drew attention from the crypto industry after breaking his silence on the profits linked to his $TRUMP token.
The coin, launched in January 2025, accumulated over $320 million in profits for companies tied to his name during the first 100 days since his return to the presidency. Although Trump had avoided commenting on the matter, in a recent interview he gave contradictory statements about his financial involvement.
When asked by NBC News, Donald initially denied making any profits from the token. However, shortly afterward he claimed he hadn’t paid attention to the issue and suggested that if his assets increased in value while in office, he was indeed earning. This contradiction reignited the debate about potential conflicts of interest between his public duties and the crypto-related businesses connected to him.
$TRUMP Rebounds After Private Dinner Announcement
The $TRUMP token, which in its first weeks reached a value of $73.43, suffered a drop of nearly 85%. Despite that sharp decline, it rebounded after Trump announced a private dinner for the main holders of the asset, scheduled for May 22, 2025. The cryptocurrency currently trades at $11.35.
Behind the project are two companies under Trump’s control: CIC Digital LLC and Fight Fight Fight LLC. Both manage 80% of the total token supply, with scheduled unlocks through 2028. In April this year, CIC Digital unlocked tokens valued at $454 million, sparking renewed criticism over asset management and their possible influence on the market.
Conflict of Interest
The controversy grew after it became known that the token generated over $350 million through sales and commissions. Additionally, a $2 billion deal between Abu Dhabi funds and companies associated with Trump’s circle to expand their crypto operations came to light.
Trump maintains a pro-cryptocurrency stance and warns of the need for the United States to stay ahead in the sector’s technological development. However, within his own party, some voices question the compatibility of these investments with his institutional responsibilities. When asked about the possibility of donating the profits, as he did with his presidential salary, he replied that he had never considered it.
