Trump on the TRUMP memento: I don't know much about it, but I only know that I launched it
According to The Block, US President Donald Trump was asked about the official memento TRUMP launched last weekend when he was interviewed by reporters on Tuesday afternoon.
"I don't know much about it, only that I launched it." Trump replied, "I heard it was very succes**ul, but I haven't confirmed it yet."
When a reporter mentioned that TRUMP tokens have created billions of dollars in market value in the past few days, Trump jokingly said: "Billions? This is just a **all thing for these people." He referred to Sun Zhengyi, CEO of SoftBank, Sam Altman, CEO of OpenAI, and Larry Ellison, Chairman of Oracle, who were living in the same room with him.
Trump announced on Tuesday a $500 billion artificial intelligence (AI) investment plan to build AI infrastructure in the United States. He said at the White House, OpenAI、 SoftBank and Oracle are planning to establish a joint venture called Stargate.
Trump announced the issuance of the official meme coin TRUMP on its community platform, Truth Social, last Saturday. At the beginning, the market price was about $0.18. Later, within 48 hours, it rose more than $80, or more than 34000%, and its market value was once close to $12 billion. The TRUMP trading price is approximately $41 before the deadline.
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Related reports: Trump Announces to Issue Its Own Meme Coin TRUMP on Solana Chain, Trump's Wife Releases Meme Coin Melania, but the Success of Ten Billion Valuation Pushes TRUMP to the Abyss, Oracle, OpenAI, Softbank Set up a Joint Venture Stargate, which will spend 500 billion magnesium to build American AI infrastructure