You're right that it's a strange situation. A president promoting a meme coin is definitely not common and could raise questions about judgment or integrity. That said, it’s possible they didn’t fully grasp the implications or risks tied to endorsing something like that. It does highlight the need for public figures, especially heads of state, to be extremely careful when associating themselves with volatile or unregulated assets like cryptocurrencies. Whether it was intentional or just bad advice, the whole thing definitely doesn’t reflect well on the administration.