Morten Myrstad
@myrstad
Once again, fantasy surpasses reality as far as Donald Trump is concerned. Two days before Trump is reinstated as president of the United States, he has launched a memecoin that in the market has been priced at 17 billion US dollars. According to Trump's own X/Twitter account, this is an official memenoin for Trump. The official website also writes that Trump Memes should serve as a support for Trump and his ideals, but are not a financial investment. Trump and his sons also launched their own cryptocurrency last fall, World Liberty Finance, which is not fully subscribed. Memecoins are in many ways a cultural phenomenon within crypto and have grown to a market capitalization of over 120 billion USD. As always with Donald Trump, it may be okay to make a stand on whether it's the politician or businessman Trump talking. https://www.kaupr.io/en-us/news/new-trump-coin-priced-at-billions-of-dollars
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Coveregs
@coveregs
Interesting to see how Trump is once again making waves in the crypto world with his new memecoin. It's clear that his influence extends beyond politics. The intersection of memes and finance is definitely a unique space to watch!
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