• Trump denies profiting from Solana-based TRUMP coin, says he hasn’t even looked at it.
• Critics raise concerns over 80% of the TRUMP token held by a Trump-linked affiliate.
• TRUMP coin crashes 85% after hype fades, despite Trump’s growing pro-crypto stance.

Addressing growing speculation, President Donald Trump denied receiving any financial benefit from the Solana-based TRUMP meme coin. In an interview with NBC News, when questioned about potential profits from the cryptocurrency bearing his name, Trump stated firmly, “I’m not profiting from anything.”

Further, Trump stated that he was unaware of the token’s performance since its launch and compared the situation to his other business interests, adding, “If I own stock in something, and I do a good job, and the stock market goes up, I guess I’m profiting.”

The President positioned his support for cryptocurrency as predating his time in office. He framed it as a matter of national interest rather than personal gain. When asked whether he would consider donating any cryptocurrency earnings to the government, Trump dismissed the suggestion. “Should I contribute all of my real estate that I’ve owned for many ye…

The post Trump Denies Any Profit From TRUMP Meme Coin Amid Ethical Concerns and Crash appeared first on Coin Edition.

• Trump denies profiting from Solana-based TRUMP coin, says he hasn’t even looked at it.
• Critics raise concerns over 80% of the TRUMP token held by a Trump-linked affiliate.
• TRUMP coin crashes 85% after hype fades, despite Trump’s growing pro-crypto stance.

Addressing growing speculation, President Donald Trump denied receiving any financial benefit from the Solana-based TRUMP meme coin. In an interview with NBC News, when questioned about potential profits from the cryptocurrency bearing his name, Trump stated firmly, “I’m not profiting from anything.”

Further, Trump stated that he was unaware of the token’s performance since its launch and compared the situation to his other business interests, adding, “If I own stock in something, and I do a good job, and the stock market goes up, I guess I’m profiting.”

The President positioned his support for cryptocurrency as predating his time in office. He framed it as a matter of national interest rather than personal gain. When asked whether he would consider donating any cryptocurrency earnings to the government, Trump dismissed the suggestion. “Should I contribute all of my real estate that I’ve owned for many ye…

The post Trump Denies Any Profit From TRUMP Meme Coin Amid Ethical Concerns and Crash appeared first on Coin Edition.