“I don’t know much about it”. The newly re-elected president of the United States, Donald Trumpcreated a surprise on January 18 by launching its own memecoinsimply called TRUMP. But what will interest us here is a statement from the main person concerned, which seems not really busy to monitor your cryptocurrency.
- Donald Trump surprised by launching a memecoin named TRUMP, but showed little interest in it during a conference.
- The price of TRUMP saw a dramatic drop, from nearly $75 to around $40, a drop of 50%.
Donald Trump is already losing interest in his TRUMP memecoin?
During a press conference of Donald Trump given on January 21, 2025, a journalist asked the US president what he thought of his own cryptocurrency, and his response was not the most enthusiastic.
Donald Trump, in fact, declared that he did not know “not much” on his memecoin, except that he launched it and it was successful. He also admitted not having looked the price of its TRUMP since its launch:
“I don't know where he is [le cours du TRUMP]. I don't know much about it, other than I started it, other than it was very successful. (…) I haven’t checked it. Where is he today? »
Donald Trump, President of the United States
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Millions of dollars: peanuts for crypto?
Worse, the journalist subsequently learned from Donald Trump that he had made billions of dollars in profits thanks to his memecoin, the President of the United States then declared that “these are peanuts for these people”, pointing out notably his finger towards the president of the Oracle company, an American technology company known worldwide for its software, cloud computing solutions and databases
For its part, the course of TRUMP not in the best shape since its launch. After a rapid peak at almost 75 dollars on January 19, Donald Trump's crypto fell back around the 40 dollars at the time of writing these lines. That is to say a fall of almost -50% compared to its highest. Other Trump family memecoins seem to be following the same fate.
