According to BlockBeats, on August 9, Donald Trump Jr. said in a live Q&A session on the subscription platform Locals that he personally likes Memecoin and this culture, but Meme cannot be confused with the project they are going to do. The rumors about Restore The Republic (RTR) and their project are "absolutely false", and the token has nothing to do with the project he and Eric Trump are building. The project will be a non-Memecoin project designed for "long-term development", and they will announce it directly when they are ready.
“I think what we want to do is take over large parts of the banking industry, and this concept of decentralized finance is obviously very attractive to people like me who have been deprived of their money by banks or who don’t have access to insurance,” Donald Trump Jr. said.
