Overview

• Newsom revealed the satirical token plan on the Pivot podcast after teasing it at a Sacramento summit.
• He framed the coin as a parody of the president’s crypto ventures and said it would appear in his Patriot Shop.
• Newsom stated that all proceeds would go to his Campaign for Democracy to fund redistricting-related organizing.
• Reporters note that key launch specifics remain undisclosed, including the token’s mechanics, timing, and where it will be sold.
• Coverage highlights Trump’s earlier $TRUMP promotion and private dinners for major holders, and Newsom recounted Trump saying a meme coin is “not even a coin.”