The price of Official Trump coin briefly spiked 6% before pulling back, following Eric Trump saying the team “remain focused on building the most exciting MEME on earth.”
Eric Trump, son of the US President, announced that Trump family-backed crypto platform World Liberty Financial (WLF) plans to acquire a significant amount of the Official Trump memecoin following his endorsement of the token.
Some users in the crypto community were surprised that Official Trump (TRUMP) didn’t see a stronger price reaction.
“I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi,” Trump said in a June 6 X post.
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