Donald Trump Denies Profiteering from TRUMP Token Despite Memecoin's $900,000 Fee Haul

The tagline for the Trump memecoins should probably be "prices swing fast, but so do rumors."

Just days after Chainalysis reported that TRUMP token wallets linked to Trump’s business entities made $900,000 in fees from the memecoin in less than 48 hours, the former president has pushed back on any claims of profiting.

“I’m not profiting from anything,” Trump told NBC News on Monday. He claimed to be in the dark about 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.”

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. Together, they control 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?

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. It's no surprise then that the White House is planning 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.

The topic of campaign finance overlaps too.

"It's not clear if Trump himself is personally profiting from the memecoin, but the fact that his allies are collecting such a large portion of the tokens does raise interesting questions about the role of crypto in politics and vice versa," said Ben Payton, an analyst at Chainalysis.

"It will be interesting to see if this sparks any regulatory interest in setting clearer boundaries."

Meanwhile, Eric Trump is set to speak at Consensus 2025 in Toronto. That makes the Trump brand one of the few political dynasties engaging with the crypto community so openly.

Whether or not Trump is profiting personally, the digital token bearing his name is creating real-world incentives—from financial to social to political.

This isn't a question of 'what if' anymore. We're observing it unfold in real time.

Will this become the new normal for campaign funding or will it end in regulatory crackdowns? Only time will tell.

Trump-themed memecoins like $TRUMP and $MELANIA are notoriously volatile. Their prices swing quickly, their origins spark discussion, and their ties to political figures raise real ethical concerns. 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.