Free Republic

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...

What just happened? At 9:44 PM ET on a casual Friday night, president-elect Trump launched the biggest memecoin in history, $TRUMP. Since then, the coin is up 9,500% with $2.2 BILLION of volume traded in under 12 hours. What does this all mean? Let us explain. The initial launch of the coin was so hard to believe, it came with skepticism. Traders figured Donald Trump's account was hacked. However, no statement on a hack surfaced so the coin kept rising. At 12:45 AM ET, $TRUMP broke above $10.00 and the rally accelerated rapidly In fact, not even Elon Musk was...