The Official Trump memecoin saw a temporary 6% price increase after Eric Trump announced that World Liberty Financial plans to acquire a significant amount of the token. The announcement was made on June 6 via an X post, highlighting the Trump family-backed platform's intention to expand its holdings. Despite the initial surge, the memecoin's price settled back to $10.10, according to CoinMarketCap. Ranked as the 45th largest cryptocurrency with a market cap of $2.03 billion, the memecoin's price movement drew skepticism from crypto commentators, who noted the lack of a more substantial rally. The announcement comes after a recent gathering of top holders at the president's golf course and ongoing discussions about the Official Trump Wallet. Eric Trump emphasized the focus on creating an exciting meme, while Donald Trump Jr. hinted at an upcoming official wallet launch.