How much has Donald Trump earned from the TRUMP Token so far?

2025-01-28 19:29:46

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According to an analysis by Gauntlet, a cryptocurrency risk modeling firm, the Trump-branded memecoin, which was launched shortly before Donald Trump’s second term, generated at least $11.4 million in fees for organizations associated with the former president.

The unexpected launch of Trump’s official memecoin on January 17th signaled a significant change for Trump, turning him from a former crypto skeptic to a supporter. The token’s release generated excitement and pushed its market value to over 14 billion dollars at its peak.

Gauntlet CEO Tarun Chitra announced that CIC Digital LLC and Fight Fight LLC, the organizations behind the project, earn fees by providing liquidity to support token trading.

CIC Digital and Fight Fight Fight LLC control 80% of the token supply that will be gradually released over three years. During the launch, 200 million tokens were released, and the total supply was set to reach 1 billion.

Chitra stated that the release of Trump memecoin is among the most successful individual memecoin releases.

TRUMP0,61%

G-0,44%

S2,06%

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