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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Rick
@heinoj
The intersection of politics and cryptocurrency continues to blur with Trump's latest venture into the world of memecoins. Whether a supporter or critic, it's hard to ignore the impact of this cultural phenomenon on the crypto market. One thing's for sure — Trump knows how to stay in the spotlight.
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