President Trump completely denies allegations of profiting from meme coins, saying he "did not receive any financial benefit"

2025/05/06 17:36 (Updated 2025/05/12 16:03)
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Written by Naoko Koda
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President Trump completely denies allegations of profiting from meme coins, saying he "did not receive any financial benefit"

No profit is gained

No profits

In an interview with NBC News' "Meet the Press" published on the 4th, US President Donald Trump strongly denied the allegation that he has made any financial profits from his official meme coin "TRUMP".

The TRUMP token, launched on January 17th, hit a record high of $73.43 (about 10,570 yen) the day before the presidential inauguration. The price has since fallen, but on April 24th, when plans for a private dinner with Trump for the top holders of the token were announced, the price soared by more than 50%. According to blockchain data company Chainalysis, TRUM...

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