Trump Memecoin Regains Momentum, Rallies 22% As The President Calls Billions Earned Through The Venture As ‘Peanuts’

President Donald Trump made the first public statement on his newly launched meme coin on Tuesday, stating that he knows little about it.

What Happened: Trump was taking questions from reporters during his first White House news conference.

A journalist, referring to the Official Trump (TRUMP) meme coin, asked Trump whether he would continue selling products that benefit him personally. 

“I don’t know if it benefited me; I don’t know where it is,” the president responded. “I don’t know much about it other than I launched it. I heard it was very successful. I haven’t checked where is it today.”

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