The world of cryptocurrency continues to surprise us, and the recent announcement of a token linked to Donald Trump is just a new fascinating example. The same, has had an impressive flight of its value, generating more than $ 320 million in profits.
Contradictory declarations on the profits of the same
During a recent interview, Trump made the least ambiguous statements when he was asked if he was taking advantage of his same, TRUMP. At first, he said he did not No profit of this initiative. A few moments later, he admitted: “I didn’t even watch”. Before adding that if he takes advantage of the Good management token, “I suppose I take advantage”. These contradictory responses feed questions about Trump’s real level of involvement in this operation.
Launched on January 17, 2025, the Trump token reached heights at 73,43 $. It was just before the American president’s inauguration. However, he has since dropped nearly 85 %. Despite this dizzying drop, the token recently experienced a new increase after Trump promised a private dinner to the main holders.
Trump entities control the token offer
Although Trump minimizes his involvement, two entities related to his commercial empire, CIC Digital LLC et Fight Fight Fight LLCcontrol 80% of the total supply of Trump tokens. These shares are locked and will gradually be released from here 2028. In April 2025, CIC Digital even released tokens of a value of $ 454 million.
Trump continues to show his support for the cryptocurrency sector, warning that without American innovation, China could dominate this market. However, some criticisms, including Republican senators, have questioned its activities related to the same, seeing a Potential conflict of interest.
The Trump token reflects them ambitions of the president in the field of cryptocurrency, but also controversy who surround him. Stay informed of the latest trends in the sector so as not to lack anything about future developments.
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