President Donald Trump Officially Speaks Out About Memecoin $TRUMP Issued
After more than four days since the launch of the memecoin, President Donald Trump has finally spoken out about it.
During a press conference on the morning of January 22, 2025, President Donald Trump officially shared his thoughts on the TRUMP memecoin he launched — a phenomenon that has rocked the cryptocurrency market in recent days.
“I don’t know much about it other than the fact that I agreed to launch it. I’ve heard it’s very successful, but I haven’t looked into it further.”
President Trump said during a discussion with SoftBank founder Masayoshi Son, OpenAI CEO Sam Altman, and Oracle Chairman Larry Ellison.
When told about the TRUMP token’s “multiple billion dollar” market cap, the US president responded with humor.
The price of the TRUMP token previously fell by over 30% after President Trump’s first day in office when he failed to deliver specific crypto policies. However, following his latest remarks on the memecoin that bears his name, the market has shown signs of a positive recovery.
