Trump’s $TRUMP Meme Coin Nets $320M in Profits as Political Crypto Craze Heats Up
Donald Trump’s namesake meme coin, $TRUMP, has generated over $320 million in trading profits within just 100 days of launch. The token, released hours before his presidential inauguration, experienced an immediate price spike after being promoted on social media platform X.
In a recent NBC News interview, Trump made conflicting statements about his ties to the coin’s profits—initially denying involvement before suggesting potential benefits. The project has further fueled excitement by offering exclusive dinners with the former president to top buyers.
The $TRUMP trend highlights the expanding overlap between politics and cryptocurrency, even as regulators increase scrutiny of such digital assets. market observers continue debating whether this signals authentic political support or simply another volatile meme coin spectacle.