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Chainalysis Report: TRUMP Token Revenue Surpasses $320 Million! But Democrats Are Concerned…

US

According to Fortune, which cited Chainalysis data, the creators of the TRUMP Token, launched earlier this year, have earned over $320 million in transaction fees so far.

After the announcement of Trump’s private dinner on May 22, interest in the token surged rapidly, leading to significant increases in both trading volume and price. However, the Trump family did not need to sell any tokens directly to generate revenue. According to the contest rules, the top 220 holders of the token will be invited to the dinner, with the top 25 holders gaining access to a private reception with Trump beforehand.

The project’s whitepaper states that of the planned 1 billion total token supply, only 20% is currently in circulation. Half of this amount was made available to the public, while the other half was added to a liquidity pool on a decentralized exchange (DEX). The CIC Digital company, affiliated with the Trump Organization, earns a 0.3% fee on every transaction within the pool.

Blockchain analytics firm Nansen emphasizes that this revenue model doesn’t rely on price fluctuations, but instead focuses on consistently generating income through trading volume. Currently, 80% of the TRUMP token supply remains locked, controlled by entities linked to Trump.

Analyst Nicolai Søndergaard highlights that transaction volume is more important than price movement: “The higher the volume, the more trades—and the more commission revenue you earn.”

U.S. Democrats Express Concerns

Meanwhile, U.S. Democrats have voiced concerns that this structure could become a tool for anonymous individuals to influence the president. In an interview with NBC, Trump claimed he does not follow the token’s price and denied personally profiting from the project. Still, data suggests otherwise: in the week following the dinner announcement alone, the project generated $1.3 million in trading fees.

It’s worth noting that Trump has publicly denied personally benefiting from the project. However, the remaining 80% of the tokens are still locked and have been allocated to entities associated with the Trump Organization.


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