Trump-related meme cryptocurrency trading generated approximately $350 million in activity, despite a drop in price.

Revamped Article: Trump's Memecoin Adventures and Regulatory Scrutiny

Let's dive into the thrilling world of Trump-linked memecoins, where the stakes are high, and the conversations are hotter than a New York summer!

It's been revelsted that accounts with ties to the infamous memecoin, TRUMP, have likely milked a minimum of $340 million, with a impressive $314 million from token sales and an additional $36 million from fees on the Solana blockchain. To put it in plain English, this cryptocurrency endeavor, led by former POTUS Donald Trump, has reportedly nabbed a cool $350 million!

TRUMP's token, unsurprisingly named the TRUMP coin, dropped a staggering 82% from its peak of $75, with a precise 831 million tokens still in play, ballooning to a noteworthy $10.8 billion estimate. That's a whole lot of green!

To make matters more interesting, U.S. lawmakers have started beating their legislative drums against presidential memecoins and suspicious activities like rug pulls. The TRUMP memecoin has been causing quite a ruckus lately, particularly due to its role in sparking approximately 700 imitators and fanning the flames of controversy surrounding the Libra token – endorsed by none other than Argentine President Javier Milei.

The Trump Card: TRUMP's Impact on the Crypto Market

According to the Financial Times, accounts associated with the TRUMP memecoin have orchestrated a pretty impressive show on the Solana blockchain. The extent of Trump's individual earnings is still shrouded in mystery, but the official TRUMP memecoin website, Gettrumpmemes.com, suggests that CIC Digital (connected to The Trump Organization) and Fight Fight Fight from Delaware jointly control a whopping 80% of the TRUMP tokens.

The Financial Times dug up these earnings by scrutinizing the move of tokens from their creation into official wallets and tracking their sales on Solana-based trading platforms.

Only days prior to his comeback to the White House on January 20, Trump stepped into the crypto game with the launch of his very own TRUMP memecoin. One billion TRUMP coins were crafted in its infancy, with the initial 200 million issued right off the bat and the rest set for release over the following three years.

TRUMP's Liquidity Pool Transactions and Analysis

The Financial Times report further unveiled that a stunning 158 million TRUMP tokens were added into a liquidity pool, providing traders with the opportunity to purchase memecoins in exchange for USDC, a stablecoin. Apparently, accounts linked to Trump sold the initial 100 million TRUMP tokens the day following the memecoin's launch, pocketing a price under $1.05.

According to the analysis, after taking out the initial USDC earned from the sale, the Trump crew subsequently reinvested a whopping $291 million in USDC into a different liquidity pool. The clear intent here was to pump up the TRUMP market.

The scheme likely generated extra profits through various transactions, with the pools transferring about 14.7 million TRUMP tokens to 10 exchanges such as Binance, Bybit, and Coinbase, according to the report.

Political Fingers Pointing: Regulatory Concerns and Legislative Reactions

In an effort to stabilize the price of TRUMP following the debut of Melania Trump's MELANIA meme coin, Trump cough up $1 million to buy their own token at $33.2 on January 19 and January 20. Since then, the TRUMP token has dropped a shocking 82% from its peak of $75 on January 19, yet the 831 million tokens still held by accounts linked to Trump are valued at an impressive $10.8 billion.

The TRUMP memecoin has become a hot button issue in the crypto community due to ethical concerns, corruption risks, and unethical financial dealings involving high-level political figures. House Democrat Representative Sam Liccardo has expressed his disapproval of presidential meme coins, suggesting a recent draft bill to prohibit officials and their relatives from engaging in such activities.

Moreover, Assembly member Clyde Vanel introduced legislation that imposes criminal penalties for meme coin rug pulls in order to protect investors. On the other hand, financial regulators such as the Securities and Exchange Commission argue that meme coins are not classified as securities, assigning their regulation to different authorities.

Crypto and Ethics: What's the Deal?

Scholars have pointed out significant regulatory gaps surrounding tokenized political engagement. A 2025 study examining Trump's promotion of the TRUMP memecoin and the offering of exclusive dinners to top token holders highlights potential violations of securities laws (Howey Test), campaign finance laws, and ethical norms. The study criticizes the SEC's deregulatory stance on digital collectibles, emphasizing that the use of such tokens for political access creates a "marketplace for proximity" to the president, thereby raising serious credibility concerns. The study advocates for legislative reforms to address the monetization of political influence through crypto assets.

TL;DR:

Accounts related to Trump memecoins have minted a minimum of $340 million, with a jaw-dropping $314 million from sales and an additional $36 million in fees on the Solana blockchain.
The TRUMP memecoin dropped 82% from its $75 zenith, with 831 million tokens still valued at $10.8 billion.
U.S. lawmakers are targeting presidential memecoins and rug pulls after the controversy surrounding the TRUMP memecoin. Sen. Sam Liccardo has proposed a draft bill to prevent officials from engaging in such activities, while Assembly member Clyde Vanel introduced legislation imposing criminal penalties for meme coin rug pulls to protect investors.
Scholars have identified regulatory loopholes enabling political figures to exploit crypto tokens, like TRUMP, for access and influence, and they're advocating for reforms to close these gaps and address the monetization of political influence through crypto assets.
Launched by former POTUS Donald Trump, the TRUMP memecoin, whose accounts have reportedly earned a minimum of $350 million through token sales and fees on the Solana blockchain, has sparked heated debates in the crypto community.
The TRUMP memecoin faced a significant drop of 82% from its peak price of $75, leaving 831 million tokens valued at a noteworthy $10.8 billion.
U.S. lawmakers are expressing their disapproval towards presidential memecoins, especially in the wake of the TRUMP memecoin controversy, with House Democrat Representative Sam Liccardo proposing a draft bill to prevent officials from engaging in such activities and Assembly member Clyde Vanel introducing legislation imposing penalties for meme coin rug pulls.
Scholars have highlighted potential regulatory gaps surrounding the use of crypto tokens for political access, arguing that the monetization of political influence through crypto assets is problematic and advocating for legislative reforms to address these issues.