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Donald Trump’s memecoin generated $350M for creators: Report

cryptoweekly by cryptoweekly
March 7, 2025
in bitcoin, News
0

Trump memecoin-linked accounts have reportedly earned at least $314 million from token sales and $36 million from fees on the Solana blockchain.

President Donald Trump’s cryptocurrency project has generated at least $350 million in revenue from the launch of the Official Trump (TRUMP) memecoin, according to a new analysis by the Financial Times.

Entities involved in operating the TRUMP memecoin have earned at least $314 million from token sales and $36 million from fees on the Solana blockchain, the FT reported on March 7.

While Trump’s personal profits remain unclear, the memecoin’s official website, Gettrumpmemes.com, states that The Trump Organization-affiliated CIC Digital and Delaware-based Fight Fight Fight collectively own 80% of the tokens.

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  • Less than 15% Bitcoin left on crypto exchanges signals ‘supply problem’
  • Strategy set to post $13B Bitcoin gains, but revenue stalls
  • US Senate passes Trump’s budget bill without provision on crypto taxes
  • XRP news update: Traders predict consolidation to $2.35 amid ETF speculation
  • Crypto PAC-backed candidate wins Virginia primary for vacant House seat
  • Pi news update: Bulls aim to hold $0.47 support as bears reject breakout
  • Crypto hacks are a wake-up call for DeFi

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