President Trump: ”I don't know much about the meme coin TRUMP other than the fact that it was issued”

President Trump has stated that he "doesn't know much" about the issuance of a meme coin called "Official Trump (TRUMP)."
According to The Block on the 21st (local time), President Trump said in an interview that afternoon, "I have issued TrumpCoin.
"I don't know much about it other than that," he said, "I heard it was very successful, but I couldn't confirm it directly." President Trump announced on the 17th (local time) that the meme coin "Official Trans
The market capitalization of the official playing cards exceeded $13 billion immediately after their release, but fell to around $8 billion on the same day. The price also jumped up by as much as 960% immediately after their release.
Some have pointed out that the president is directly using the virtual tax for political purposes, creating a conflict of interest.