Trump Coin: Donald Trump launched the Trump cryptocurrency before his inauguration

Washington – Donald Trump launched his own cryptocurrency before that Opening day. The president-elect turned to his platform, Social Truth, to spread the word.

“My new official Trump meme has arrived! It’s time to celebrate everything we stand for: winning! Join the very special Trump community. Get Trump now,” Trump said on stage Friday night.

The value of the new cryptocurrency, known as a meme, had risen more than 500% by Saturday, according to a cryptocurrency price tracking website. Queen Gekko.

The coin’s official website said that 200 million coins had been issued. The company that managed the launch, Fight Fight Fight, LLC, said an additional $800 million will be added over the next three years.

Trump’s stance on cryptocurrencies has evolved significantly over time. In a 2021 interview with Fox Business Bitcoin “looks like a scam,” he said. Recently, his views have changed.

Trump pledged during his election campaign to take steps early in his presidency to make the United States the “cryptocurrency capital” of the world. His promises include creating a US cryptocurrency reserve, enacting industry-friendly regulations, and even appointing a cryptocurrency “czar” to manage it. The cryptocurrency industry is celebrating Trump’s inauguration for the first time ever “Crypto Ball”.

Bitcoin topped $100,000 again early Friday as the swelling cryptocurrency industry anticipates early action by Trump when he is sworn in as president next week.

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