The $Trump coin, a meme-based cryptocurrency launched by Donald Trump, quickly gained a market cap of $12.86B. The coin features Trump's slogan "Fight, fight, fight", referencing his response after an assassination attempt. Concerns have arisen over the fact that 80% of the tokens are held by Trump's companies, raising fears of a “pump and dump” scheme. Trump is positioning himself as a pro-crypto leader, with plans to prioritize cryptocurrency as a national agenda, potentially influencing both the market and his political influence. The success of the $Trump coin will likely spark debates on cryptocurrency and its political implications.
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Trump’s $Trump Coin: A Billion-Dollar Memecoin and Its Political Implications
Exploring the rise of $Trump coin, its connection to politics, and the concerns it raises. $Trump Coin’s Meteoric Rise in the Crypto World...
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