Whale Investor Snaps Up $5 Million In Official Trump Coin Minutes After President Says, 'I Don't Know Much About It,' Marking One Of The Largest Purchases Since Launch

A trader’s actions planted doubts on Tuesday after they bought over $5 million worth of Official Trump memecoin at the bottom just minutes after President Donald Trump said he knows little about it.

What Happened: In an X post, capital markets commentator The Kobeissi Letter drew attention to suspicious dealings shortly after Trump made his first public statement on his official coin.