Donald Trump Launches $TRUMP Cryptocurrency Ahead of Inauguration
The meme coin, introduced on Truth Social, has surged in market value, raising billions within hours of its debut.
- $TRUMP, a meme-based cryptocurrency, was introduced by Donald Trump shortly before his upcoming inauguration as the 47th U.S. President.
- The coin quickly gained popularity, reaching a market valuation of approximately $13 billion within hours of its release.
- 80% of the coin’s supply is controlled by Trump-affiliated entities, with limited availability for public trading.
- The cryptocurrency is described as a symbolic expression of support for Trump’s ideals, not intended as a traditional investment or security.
- Trump’s shift from a cryptocurrency skeptic to proponent aligns with his recent establishment of the World Liberty Financial platform.