In a recent extended interview with NBC News anchor Kristen Welker, former U.S. 

President Donald Trump denied having any involvement or profit from the meme coin launched by his team just days before his inauguration in January 2025. He claimed he hadn’t even looked into it.

Yet, numerous blockchain reports suggest otherwise: significant volumes of the TRUMP token were recently moved to centralized exchanges—raising suspicions about potential sell-offs.

Launch and Initial Market Reaction

Just before Donald Trump officially assumed the presidency as the 47th President of the United States, his team launched a meme coin called Official Trump (TRUMP). Within hours, the token became a viral sensation, trading above $70 and securing the third-largest market cap among meme coins that day.

However, following the launch of another token associated with Melania Trump, and a series of controversial policy decisions in Trump's early days in office, the token price plummeted to under $8 by mid-April.

Marketing Strategy: Dinner with the President

In a bid to rekindle interest in TRUMP, the team announced a new incentive: the top 220 holders of the token would be invited to an exclusive dinner with President Trump at one of his golf clubs in Washington, D.C.

This announcement triggered renewed interest and pushed the price of TRUMP up nearly 100% in a few days.

Trump’s Public Denial

Despite the renewed surge and market activity, Trump stated during the interview:

“I haven’t even looked at it. If I own stock and the market goes up, maybe I profit. But I don’t get anything from crypto.”

This was his response to a direct question about whether he had profited from the TRUMP coin.

Blockchain Transparency vs. Political Claims

Given that blockchain transactions are fully transparent and publicly accessible, several independent analyses noted substantial movements of TRUMP tokens to centralized exchanges—particularly around the time of the dinner announcement and other market-moving news.

These patterns raise doubts about the former president’s claims of non-involvement, especially since his team may have executed the transfers—even if he personally did not.

Political Fallout

Democratic lawmakers have since called for a formal investigation into the financial and ethical implications surrounding the TRUMP meme coin, citing potential undisclosed profits and abuse of influence.

Despite Trump's public denials, the blockchain tells a different story. With increasing media scrutiny and rising political pressure, this saga is likely far from over—both in the public eye and possibly in regulatory offices.

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