In a recent interview, US President Donald Trump provided contradictory statements regarding his profits from the crypto memecoin he launched, known as Official Trump (TRUMP). During the NBC News interview with Kristen Welker, Trump claimed he was not profiting from anything while also acknowledging that he could benefit from stock performance linked to his presidency. The TRUMP token peaked at $73.43 shortly after its launch in January 2025 but has since fallen to $11.35, a decline of nearly 85%. Trump appeared largely uninformed about the current value of his token, questioning its price during the interview. His organization's affiliates own 80% of the total token supply, which is set to be released gradually until 2028. Reports indicate Trump’s memecoin project has generated at least $350 million, raising concerns over potential conflicts of interest. In the same conversation, Trump reiterated his commitment to supporting cryptocurrency, emphasizing its importance against competition from China.

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