Analysis: Trump's Crypto Project Earns At Least $350 million by Launching TRUMP Coin
2025-03-07 09:30:06
According to the Financial Times, Trump's cryptocurrency project made at least $350 million from the launch of the TRUMP meme coin. The outlet's analysis of blockchain data shows that in the three weeks after the launch of TRUMP in January this year, the project's operating entity earned this revenue by selling tokens, including $314 million in token sales revenue and $36 million in fees. In addition to the $350 million earned by selling TRUMP directly on Solana, Trump may have earned more by selling a small number of tokens on cryptocurrency exchanges such as Binance.
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