The U.S. President has finally addressed the explosive success of his Official Trump (TRUMP) meme coin, admitting that he wasn’t involved much in the project beyond launching it.
The Solana-based token, touted as the fastest-growing meme coin in history, initially skyrocketed to a $15 billion market cap over the weekend before dropping to around $8 billion following the release of a competing coin by First Lady Melania Trump.
“I Don’t Know Much About It”
At a press briefing on Tuesday to announce a $500 billion joint venture between OpenAI, Oracle, and SoftBank, the President was asked by a reporter if he intended to continue selling products that benefited him in reference to the TRUMP token.
In response, the head of state said he didn’t know if he’d benefited, admitting that he had no knowledge about the status of the coin. “I don’t know if it benefited [me]. I don’t know where it is,” he said.
He further dismissed any suggestion that he had a deep understanding
We współpracy z: https://cryptopotato.com/trump-downplays-meme-coin-profits-in-first-statement-after-launch/
