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Donald Trump’s $TRUMP Meme Coin Generates $320M Amid Regulatory Scrutiny

Donald Trump’s $TRUMP Meme Coin Generates $320M Amid Regulatory Scrutiny

Published:
2025-05-05 08:42:02
20
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Former President Donald Trump’s meme coin, $TRUMP, has reportedly generated over $320 million in profits for affiliated entities within 100 days of its launch. The token’s value surged ahead of Trump’s return to political prominence, with top investors allegedly offered exclusive incentives like private dinners.

Regulatory concerns are mounting as Trump gave contradictory statements in an NBC News interview, first denying personal profits from the coin before seemingly backtracking. The controversy highlights unresolved questions about cryptocurrency ethics for public figures.

|Square

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