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