Posted on 01/18/2025 7:47:53 PM PST by SeekAndFind
In a move celebrating President-elect Donald Trump’s second presidency, one that blends business with the digital age, he has minted a staggering $31 billion by launching his official $TRUMP crypto meme coin. Capitalizing on cryptocurrency's explosive growth and meme coins' popularity, Trump’s latest venture has already attracted a massive following, making nearly $30 billion in just 24 hours.
The $TRUMP coin not only marks Trump’s entry into the world of blockchain and crypto assets but also leverages his brand’s influence, tapping into both his loyal fanbase and the growing interest in alternative digital investments.
A report from Axios pointed out that, while Trump hosted a “Crypto Ball” with his incoming artificial intelligence (AI) David Sacks for the industry in Washington, DC, on Friday, the president-elect launched “the only official Trump meme.” The meme coin’s website, gettrumpmemes.com, states that 200 million $TRUMP coins are available as of Saturday, with plans to have one billion over the next three years. By 11 a.m. ET on Saturday, CoinGecko price data revealed that $TRUMP surged over 600 percent overnight, reaching just above $32.
Although several Trump-themed meme coins have emerged in recent months, none have received his official endorsement—until now.
The website has dubbed Trump "the crypto president," with the coin featuring an image of him raising his fist in the air, accompanied by the iconic battle cry, "FIGHT FIGHT FIGHT," which he shouted after the July 13, 2024, assassination attempt in Butler, Pennsylvania. The site says that Trump is bound by a three-year unlocking schedule, preventing them from completely liquidating all their holdings.
My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun!
pic.twitter.com/flIKYyfBrC— Donald J. Trump (@realDonaldTrump) January 18, 2025
President-elect Donald Trump just launched his own meme coin, $TRUMP 🤯
The token now sits at $10.3 BILLION FDV.
Track $TRUMP: https://t.co/nD6buADmRp
pic.twitter.com/oZP5oroCOJ— GeckoTerminal (@GeckoTerminal) January 18, 2025
Despite Trump often criticizing cryptocurrencies such as Bitcoin, warning about their volatility and lack of regulation, the president-elect has shown an increasing interest in the broader digital and blockchain space. His stance has evolved as he explored opportunities in NFTs and meme coins, showing that he recognizes the potential of digital assets even if he remains cautious about their risks.
Why not?
He is still a private citizen until Monday. The most important private citizen, but private nonetheless.
Hawk tuah.
Rug pull.
Her 15 minutes of fame must be over. haven’t heard much about her.
Worse than shoes
Baron is gonna be driving a Lambo by next week.
Meme coins do not end well. Lots of people will be holding empty bags.
But its good for a laugh.
He had better rethink his stance on crypto fast.
Doing a pump and dump with this crap is going to cost him a lot of fence-sitting supporters.
He trusts too many people that just don’t have his, or America’s long-term interests in mind.
You would think Trump should be wise by now.
It’s more than a day later, and it’s still pumping. Wish I knew about it in the first hour or two.
it’s not crap.
There’s a lot of great coins doing great things and making deals with JP Morgan Chase, Microsoft, NVDA and on and on.
I’ll tell you what IS the scam section of crypto.
MEME COINS LIKE THIS ONE.
I would be OUTRAGED if a democrat launched HIS OWN meme coin 3 days before he took office, making TWENTY BILLION in unrealized gains for himself if this price were to hold while the OTHER 80 PERCENT of the coin rolls out over the next 3 years.
People like you who don’t understand crypto will REALLY believe it is crap when something like this is pulled by a politician and his family.
I LOVE what Trump is going to do for the country.
But make no mistake. He knew how much money his family would make off of this.
Thinking Trump NAIVE or STUPID has turned out to be wrong EVERY TIME.
He just didn’t need to give dems AMMO like this as soon as he gets in office.
And YES, I think it’s Trump Jr. pushing him also.
“BTC to 1,000,000 dollars!” he said a few months back.
He will save the country and be FANTASTIC for it, Trump Sr. will be.
But this was a bad move
She scammed fans with a meme coin, then disappeared with the money.
Yah, just NO!
Don’t care who, what theme, what cause, ALL e-coins are trash.
Actually not good enough to be trash, they literally only have value as someone says they do.
Like out fiat currency, but MUCH worse.
If I wanted to gamble, I do live in Nevada.
Buy low and sell high.
I’m gonna sell my MCI and Pets.com stock and buy some!
I’ll sell my F shares (in the terlet anyway) and get some. I’m keeping my NVDA and PLTR positions though..
My son is kicking himself, he was going to put in a thousand and got busy, would have got back about 85k at the spot he was going to buy, he’s not doing too bad though he bought Solana at 28 and today it is at 173-says much more upside to Dolana than bitcoin
Solana
Meme coin...hmmmm...
Meme
I am still pretty old school in that if you don’t actually hold it...you don’t really own it.
A friend of mine owns 20 Bitcoin. His initial investment was less than $1000. I used to make fun of him. Now I’m willing to risk 500 on $Trumps.
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