It's a sharp observation. $Trump posting about a meme coin like $TRUMP and it not causing a price spike—especially if it was framed as something promotional or positive—does suggest his influence over crypto markets may be waning, at least compared to his past ability to move markets with a single post.

Here are a few factors that might explain it:

Saturation and fatigue: There’s a general desensitization to celebrity and influencer endorsements in the meme coin space now. It takes more than just a shout-out to move markets.

Audience shift: The crowd actively trading meme coins today may be more skeptical or data-driven. Just attaching a name, even a big one like Trump, isn’t enough without fundamentals or hype momentum.

Bearish or saturated market: If the meme coin market is cooling or overly saturated with projects, even big names might not spark buying frenzies.

Political division: His name can polarize. Even among crypto traders, not all are fans—and some might deliberately avoid $TRUMP just because of the branding.

That said, he still holds influence, especially in politics and media—but the crypto market's reaction to him may just be maturing.

Do you think he was genuinely promoting it or just making a passing mention?