Trump unveiled the so-called meme coin, which is designed to capitalize on the popularity of a certain personality, movement or viral internet trend, on social media.
The president-elect and his family have a direct and potentially lucrative stake in the sale of a cryptocurrency product that surged in value in the hours after going on sale, days before his inauguration.
The new $TRUMP meme coin – a type of cryptocurrency – launched Friday night with posts on Trump's Truth Social social media platform and on X, the social network previously known as Twitter. According to the coin's website, gettrumpmemes.com, there are 200 million $TRUMP coins available now, with plans to have 1 billion over the next three years.
The coin, described as a 'meme token', was unveiled by CIC Digital, a company linked to the Trump Organisation, known for selling Trump-branded products in the past.
Donald Trump’s latest business venture, a meme coin, has reportedly made a whopping $25 billion since its release Friday night, reported Axios. “My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING!
President-elect Donald Trump launched a cryptocurrency called $TRUMP on Friday night, taking the crypto world by storm and making some investors big money overnight.
According to Trump’s website, the venture is co-ordinated by CIC Digital LLC - an affiliate of the Trump Organization. The private company was responsible for selling Trump’s shoes and fragrances in t
WASHINGTON — Donald Trump has launched his own cryptocurrency ahead of Inauguration Day. The president-elect took to his Truth Social platform to get the word out.
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Ethereum sees major whale accumulation with over $1 billion in ETH purchased. Strong technical indicators suggest further growth and potential for a new ATH in the coming weeks.