Donald Trump has spoken for the first time about the TRUMP meme coin, stating at a recent press conference that he does not follow its exchange rate and current prices.

He confirmed his involvement in the token's launch and noted that the launch was 'extremely successful.'

When a journalist mentioned the token's market capitalization of several billion dollars, Trump noted that 'several billion is a drop in the bucket for these guys.'

Currently, the TRUMP token is trading at $41 with a market capitalization of $8.2 billion. It ranks 24th on CoinMarketCap, ahead of major projects like UNI and AAVE, as well as the popular meme coin PEPE.

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