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Donald Trump and TRUMP Memecoin: Comments and Reactions

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by Giorgi Kostiuk

2 months ago


Donald Trump has commented on the memecoin launched under his name, which has caused a sensation in the crypto industry and has become one of the most successful assets in such a short time.

Donald Trump's First Comment

Donald Trump stated that he is not familiar with the details of the TRUMP memecoin beyond its launch. During a press conference alongside executives from SoftBank, OpenAI, and Oracle, reporters asked if Trump plans to launch other products that could be beneficial to him. He replied that he does not know if the TRUMP memecoin brought him any financial benefit.

"Several billion? That's peanuts for these guys."Donald Trump

Global Success of TRUMP Memecoin

The TRUMP memecoin quickly entered the ranks of the leading assets in the crypto market, surpassing several known memecoins and ranking 4th in terms of market capitalization. Although the TRUMP memecoin made a lot of money for Trump, his reaction was rather indifferent, even after learning of the multibillion-dollar profit.

Impact and Criticism of TRUMP Memecoin

The TRUMP memecoin attracted attention not only from investors but also critics. Many industry officials expressed discontent with the release of this memecoin, and the Wall Street Journal headlined an article: 'Crypto thought Trump would bring it legitimacy. Then he launched memecoin.' Despite this, the TRUMP memecoin reached significant heights and became one of the leading memecoins within just a few days.

The TRUMP memecoin has become a topic of discussion both within the crypto industry and beyond, eliciting both admiration and criticism. Donald Trump, despite the buzz around his token, prefers to focus on other matters of state importance. The future of this project remains uncertain, but its appearance has clearly left a noticeable mark on the market.

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