U.S. President on TRUMP Token Surge: “I Don’t Know Much About It”

user avatar

by Giorgi Kostiuk

2 years ago


The U.S. President made a statement about the success of the TRUMP token, emphasizing his minimal involvement in the project.

President on TRUMP Token

At a press briefing about a joint venture between OpenAI, Oracle, and SoftBank, the U.S. President was questioned about the TRUMP token. He responded that he is unaware of the token's current status and whether he benefited from it, noting: “I don’t know much about it other than I launched it.”

That's peanuts to these guys.President

Impact on the Crypto Market

The TRUMP token has sparked significant controversy within the crypto community, with critics like billionaire Mark Cuban warning it may undermine trust in the crypto space. Concerns about transparency and possible market manipulation have also been raised.

Current TRUMP Token Value

As of the time of writing, the TRUMP token was valued at $43.02, marking an 18% increase over the last 24 hours. It ranks as the third-largest meme token after Dogecoin and Shiba Inu, though it's still 41% below its all-time high.

The President's statements have drawn significant attention to the TRUMP meme token, reflecting on its value and impact on the crypto community.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Large Hyperliquid Trader Rebuilds Ethereum Short After Significant Losses

A trader on Hyperliquid rebuilt a substantial Ethereum short position worth approximately $16 million after incurring losses of around $469,000.

user avatarLeo van der Veen

Tron Surpasses Ethereum and Solana in Blockchain Fee Revenue

Tron has generated approximately $234 million in chain revenue over the past 30 days, surpassing Ethereum and Solana.

user avatarLi Weicheng

New Reporting Requirements Proposed for Crypto Holders in France

A proposed amendment would require crypto holders to declare self-custodied assets worth over €100,000, with penalties for non-compliance.

user avatarTenzin Dorje

AnchorWatch Launches Bitcoin Custody Service in Nevada

AnchorWatch Trust Company has launched a Bitcoin custody service in Nevada, providing key control options and optional insurance.

user avatarBayarjavkhlan Ganbaatar

Blockchain Association Calls for Clearer DeFi Regulations

The Blockchain Association has called on the US Treasury to clarify regulations surrounding DeFi software and foreign stablecoin issuers under the proposed GENIUS Act.

user avatarMohamed Farouk

Cardano's Innovative Catalyst Pilot Program Emphasizes Real Adoption

Cardano has launched a pilot program under Project Catalyst, selecting 12 teams to address the issue of crypto grant funding leading to actual product usage.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.