$TRUMP Donald Trump denies profiting from the TRUMP memecoin launched just days before his inauguration.

Chainalysis reported that the token earned $900,000 in fees for its supporters in just two days.

The primary holders are controlled by CIC Digital LLC and Fight Fight Fight LLC, owning 80% of the tokens.

Trump claims he did not profit and compares it to the incidental gains from stock ownership.

The trading price of the TRUMP token is approximately $11.20, down from its historical high of $75, but has risen 20% in the past month.

The White House announced that it will invite the first 220 token holders to dinner with Trump; Eric Trump will speak at the Consensus Conference in 2025.