This is the version I researched and found back when it was going around. It's actually a 3 word term and it's from the Adamic/Antediluvian language. Phonetically is sounds like covfefe but its actually cuv-fee-fae. The language died out after Nimrod and the Tower of Babel.

The tweet was left up for several hours without any clarification as to what the word “covfefe” meant. Was it a typo? Did the president want coffee or mean coverage? No. It is quite simple actually.

Dianne Marshall, an amateur historian, bible scholar, and author went digging and found that it is actually an Antediluvian term. It means, “In the end we win.” According to Marshall, it was commonly used by the sons of Adam as they fought against the evil and fallen men."

The term is: Covfefe’ (pronounced “cuv – fee- fae”)

So it wasn't about the preservation of presidential communications on social media accounts? COVFEFE Act of 2017

This guy has gotten to as close to the truth on cov fe'fe as I've heard. More to the story...

Trump posted this overnight in the US, but the Arabic indicates his intended audience was SA, and it was midday there. Meanwhile, during the super early hours of the morning in the US, TPTB changed the results of a Google translate search of "covfefe" to a shrug meme. Now, "covfefe" is, indeed, a poor transliteration of "I will stand up," but until that night, searching "covfefe" in g00gl3 translate yielded the correct translation.

When Trump's team saw the changed translation result, he next texted something similar to, "Who can know what it means?" to illustrated the information war we are in.

I'm unsure how all this got memory holed, but it's very telling.

Cobalt, Vanadium and Iron with Iron