Trump's Shocking Admission: "I Have No Clue" About Profits from His Memecoin Frenzy

Holy smokes, folks! The former president, Donald Trump, is dropping jaws left and right with his latest bombshell on the crypto scene. In a fiery interview on Meet The Press this past Sunday, Trump straight-up admitted he's clueless about how much green he's pulling in from his Official Trump memecoin on Solana. "That doesn't mean anything," he shrugged off, while also throwing out, "I'm in favor of crypto."

But hold onto your hats, because the drama doesn't stop there. When Kristen Welker grilled him about the memecoin that skyrocketed 70% after he dangled a VIP dinner invite to top holders, Trump dodged faster than a bull in a crypto dip. He hadn't even peeked at the memecoin's wild ride, he claimed. Instead, he pointed fingers at Nancy Pelosi, accusing her of playing dirty with insider trading.

"Look, if I own stock in something and I do a good job, and the stock market goes up, I guess I’m profiting. But who really profits is somebody like Nancy Pelosi, who uses inside information. She worked for $175,000 a year, and that’s at the high end. And she’s worth $150, $200 million? Okay? You ought to look at Nancy Pelosi and you ought to look at some of these politicians that are stone cold crooks. I was very wealthy when I came in. Being president probably cost me money if you really look," Trump fired back.

Official Trump Plunges 85.17% from All-Time High - Is It Game Over?

Launched with a bang at Trump's inauguration back in January, the Official Trump memecoin quickly became the talk of the town. But it's not all sunshine and rainbows - this rollercoaster has been slammed for its wild swings and sketchy tokenomics. Drama hit a new peak on April 16 when the devs yanked $4.6 million from the liquidity pool, sending the token crashing down. From its glory days in January, it's now down a whopping 85%.

And let's not forget the other elephant in the room - Nancy Pelosi. She's been under fire for ages, accused of raking in the big bucks with insider trading. Her filings show she's been out-trading almost every hedge fund in 2024. Coincidence? Many of her big moves have lined up perfectly with major legislative shifts in the industries she's playing with.