Trump Team Launches Meme Coin Amid Inauguration Buzz

A few days before the inauguration of the new U.S. president, Team Trump launched a meme cryptocurrency, which is not intended as a serious investment. Despite this, significant investments were made, driven by the attention surrounding Trump’s inauguration.

At one point, the coin was valued at $15 billion on paper, providing substantial potential profits for companies associated with the president. Crypto expert Dennis Post expressed astonishment at the situation, noting that crypto firms, which donated significantly to Trump’s campaign, seem to benefit the most.

Source: NOS

Share