{"id":620351,"date":"2025-01-22T08:41:51","date_gmt":"2025-01-22T08:41:51","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=620351"},"modified":"2025-01-22T08:41:51","modified_gmt":"2025-01-22T08:41:51","slug":"trump-coin-bounces-back-with-20-pump-after-donald-trump-says-i-dont-know-much-about-it","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/trump-coin-bounces-back-with-20-pump-after-donald-trump-says-i-dont-know-much-about-it","title":{"rendered":"$TRUMP Coin Bounces Back With 20% Pump After Donald Trump Says &#8221;I Don&#8217;t Know Much About It&#8221;"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Donald Trump&rsquo;s newly-launched meme coin Official Trump (TRUMP) bounced back with a more than 20% pump following a steep correction shortly after the US president said he didn&rsquo;t know much about the token.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&ldquo;I don&rsquo;t know much about it other than I launched it, other than it was very successful,&rdquo; Trump <a href=\"https:\/\/www.youtube.com\/watch?v=fkT4bPEQCjc\">said<\/a> during a Jan. 21 press conference. &ldquo;I don&rsquo;t know where it is.&ldquo; &nbsp;<\/span><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/unbox.ph\/wp-content\/uploads\/2025\/01\/Trump-Coin-meme.jpeg\" alt=\"Trump\" width=\"1536\" height=\"865\"><\/p>\n<h2><span style=\"font-weight: 400;\">TRUMP Billions &ldquo;Peanuts&rdquo; For Conference Attendees<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When told by a reporter at the event that the <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/donald-trump-and-family-slammed-for-greed-over-trump-and-melania-meme-coin-launches\"><span style=\"font-weight: 400;\">TRUMP<\/span><\/a><span style=\"font-weight: 400;\"> meme coin had made several billion dollars, Trump said that was peanuts for people like <\/span><span style=\"font-weight: 400;\">OpenAI boss Sam Altman, Softbank CEO Masayoshi Son and Oracle chief Larry Ellison, who were standing beside him after the launch of the $500 billion Stargate Project for building AI infrastructure.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: Trump on <a href=\"https:\/\/twitter.com\/search?q=%24TRUMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TRUMP<\/a> meme coin, says \"I don't know much about it other than I launched it. I heard it was very successful, I haven't checked it. Where is it today?\"<\/p>\n<p>Reporter: \"You made a lot of money sir\"<\/p>\n<p>Trump: \"How much?\"<\/p>\n<p>Reporter: \"Several billion dollars, it seems&hellip; <a href=\"https:\/\/t.co\/5Ec7TJseLW\">pic.twitter.com\/5Ec7TJseLW<\/a><\/p>\n<p>&mdash; unusual_whales (@unusual_whales) <a href=\"https:\/\/twitter.com\/unusual_whales\/status\/1881849507606122742?ref_src=twsrc%5Etfw\">January 21, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span style=\"font-weight: 400;\">TRUMP Meme Coin Recovers After Strong Pullback<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">After Trump said he didn&rsquo;t know much about the token, the crypto&rsquo;s price dropped to a 24-hour low of $34.85.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&ldquo;Trump just nuked his own meme coin,&rdquo; said Bloomberg ETF analyst James Seyffart in a Jan. 22 post on X.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Trump just nuked his own memecoin&#129315; <a href=\"https:\/\/t.co\/i6EB9lYpQH\">https:\/\/t.co\/i6EB9lYpQH<\/a><\/p>\n<p>&mdash; James Seyffart (@JSeyff) <a href=\"https:\/\/twitter.com\/JSeyff\/status\/1881840335544070557?ref_src=twsrc%5Etfw\">January 21, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">But the TRUMP price soon recovered, and it&rsquo;s surged 20% in the past 24 hours to trade at $42.99 as of 2:29 a.m. EST. Despite that, the crypto is still down more than 43% from the $75.35 all-time high that it reached on Jan. 19.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All the attention on Solana meme coin <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/shark-tank-investor-mark-cuban-proposes-trump-inspired-meme-coin-to-tackle-us-debt\"><span style=\"font-weight: 400;\">TRUMP<\/span><\/a><span style=\"font-weight: 400;\"> is boosting SOL-based projects like layer 2 token <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Solaxy (SOLX)<\/span><\/a><span style=\"font-weight: 400;\">, which has raised <\/span><span style=\"font-weight: 400;\">more than $13.1 million in its presale. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Solaxy is designed to help alleviate the congestion on the Solana network that&rsquo;s been exacerbated by surging trading in Trump family meme coins like TRUMP and Official Melania Meme (MELANIA).&nbsp; <\/span><\/p>\n<p>TRUMP recorded trading volume of $20.8 billion in the last 24 hours and MELANIA $753 million.<\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/flockerz-presale-hits-11-7-million-only-19-hours-left-to-buy-flock\"><span style=\"font-weight: 400;\">Flockerz Presale Hits $11.7 Million<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-as-trump-coin-and-melania-dump-on-inauguration-day-ray-best-purpe-wepe-sol-solx\"><span style=\"font-weight: 400;\">Best Crypto To Buy Now As $TRUMP Coin And $MELANIA Dump<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/crypto-execs-remain-upbeat-even-as-bitcoin-plunges-5-3-after-trump-inauguration-speech-ignores-industry\"><span style=\"font-weight: 400;\">Crypto Execs Remain Upbeat Even As Bitcoin Plunges 5.3%<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - Wall Street Pepe<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div 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Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1954,"featured_media":620352,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[],"class_list":["post-620351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TRUMP Bounces Back 20% After President Comments<\/title>\n<meta name=\"description\" content=\"Donald Trump meme coin TRUMP bounced back 20% after a steep correction triggered by the President saying he didn&#039;t know much about the token.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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