In an interview with NBC News, Donald Trump stated that he does not profit from the TRUMP token and "does not monitor it."
TRUMP was launched on January 18 – two days before the inauguration.
The price soared to $77, but has now fallen by ~85%.
The announcement of a gala dinner for 220 holders on April 23 caused a 60% price increase and a surge in on-chain activity.
🧾 According to the NYT and FT:
Investors have already lost $2 billion
Structures associated with the project earned $100-350 million
📊 Tokenomics:
80% of TRUMP emissions from CIC Digital and Fight Fight Fight
Unlocking is for 3 years in advance.
Trump:
"Crypto is important. If not us, then China will do it"
"I am not promoting anything. It all started before the elections"