Nobody knows why Trump does most of the shit he does. Even when he launched his NFTs collection(s), it was totally unexpected. Even his defi project ~World Liberty came as a huge surprise to everyone. The memecoin as well, completely out of the blue. I would imagine that it is done by people in his team to take advantage of his influence and use it to extract as much liquidity as they can from people.
A business man and a politician in one person some of the things he does for profits shouldn't be unexpected. The thing is that D. Trump has always known when and how to dress for the party and taking advantage of every open opportunity, in all of these it has always worked for him. Here's another memecoin project of his and shocking enough he holds 80% of the tokens which clearly means that a significant dump has to come from his wing
Theres no clear evidence that he has directly endorsed this token himself. Its likely just part of a strategic timing and branding effort to capture the attention of memecoin enthusiasts.
Alright no clear evidence, but has he come on air to debunk his involvement with the memecoin? I remember when his family member twitter account was hacked and used to promote a certain project in march 2024 it didn't take hours before that news was debunked as anything related to the Trump's and immediately it was brought down. So we not getting any statement of him distancing himself from this token till now is an evidence on the contrary.
