In a press conference, U.S. President Donald Trump admitted to having limited knowledge about his successful memecoin, TRUMP, leading to a brief price drop. Despite this, the token's value quickly rebounded.
The press conference primarily focused on a $500 billion investment in the "Stargate AI" project, with prominent figures accompanying Trump. After his comments on TRUMP, the token's value dropped but soon recovered. The trading price at press time was $41.24 USD, reflecting a 15% increase.
Despite some volatility, the market remains interested in memecoins. Recently, Rex Shares applied for memecoin ETFs including TRUMP, BONK, and DOGE.
Fonte: it.beincrypto.com ↗