![Donald Trump-Labeled Wallet Has Over M of TRUMP Meme Coin Donald Trump-Labeled Wallet Has Over M of TRUMP Meme Coin](https://www.coindesk.com/resizer/jzVAULdij_Z9xl6v2VSo8TmSqco=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4FBUDO23QZDAJBDF25CDUUUBSQ.jpg)
The tokens were issued in August, and Trump’s wallet originally received $7,100 of TRUMP from the meme coin’s developers between August and October 2023. Sending tokens to a popular entity’s wallet is sometimes used as a marketing strategy by meme coin makers, as they can attract eyeballs – and buying interest.