Donald Trump Denies Claims of Profiting From TRUMP Token

The TRUMP token is up 20% over the last month, according to market data

• President Trump denies profiting from the $TRUMP memecoin, despite reports of significant earnings from associated wallets.
• The TRUMP token, linked to entities managing Trump's NFT collection, is largely controlled by CIC Digital LLC and Fight Fight Fight LLC.
• The White House plans to invite the largest 220 holders of the $TRUMP token to a dinner with the President.

Despite reports suggesting significant gains from associated wallets, former President Donald Trump has refuted allegations of profiting from the TRUMP token. This cryptocurrency, linked to managing entities overseeing Trump's NFT collection, is predominantly under the control of CIC Digital LLC and Fight Fight Fight LLC.

Market data reveals that the TRUMP token has surged by 20% in value over the past month, trading at approximately $11.20 presently, although it has seen fluctuations from its peak price of $44.19.

Chainalysis disclosed that the TRUMP token generated $900,000 in fees for its backers within a two-day period recently. Notably, CIC Digital LLC and Fight Fight Fight LLC collectively possess 80% of these tokens.

In an interesting move, the White House intends to host a dinner with President Trump exclusively for the top 220 holders of the $TRUMP token as a gesture toward cryptocurrency enthusiasts invested in this digital asset.

Recently, the White House announced that the largest 220 holders of the $TRUMP token would be invited for dinner with the President.

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