Trump’s Mixed Messages on TRUMP Coin Earnings Draw Attention
Former President Donald Trump provided inconsistent statements regarding his financial benefits from the TRUMP cryptocurrency during a May 4 interview on NBC News’ Meet the Press. He first denied any profits, stating "I’m not profiting from anything," but later reversed course by asserting earnings "started long before the election."
When questioned by host Kristen Welker about potential profiteering from his presidency, Trump justified possible gains using market principles: "Look, if I own stock in something and I do a good job, and the stock market goes up, I guess I’m profiting." The TRUMP token debuted on January 17, 2025, mere days before Trump’s second inauguration, and hit its all-time high (ATH) of $73.43 on January 19, per CoinGecko data.