**President Donald Trump Breaks Silence on His Memecoin $TRUMP**
After four days of speculation, President Donald Trump has addressed the buzz surrounding the $TRUMP
memecoin, which he recently launched and has been a hot topic in the crypto market.
During a January 22, 2025 press conference, Trump shared his thoughts alongside SoftBank founder Masayoshi Son, OpenAI CEO Sam Altman, and Oracle chairman Larry Ellison.
"I don’t know much about it, other than I agreed to launch it. I’ve heard it’s doing very well, but I haven’t looked into it," Trump commented.
When informed of the token’s multibillion-dollar market capitalization, the President responded with humor.
The TRUMP token saw a sharp 30% decline after Trump’s first day in office due to the lack of concrete crypto policies. However, his recent comments have sparked a market rebound, showing renewed investor confidence in the memecoin.