Trump Unveils "Official" MemeCoin
Babylon gone global!
Disclaimer
I personally do not advocate any process or procedure contained in any of my Blogs. Information presented here is not intended to provide legal or lawful advice, nor medical advice, diagnosis, treatment, cure, or prevent any disease. Views expressed are for educational purposes only.
“Get your $Tump now” he wrote on his social media platform
by Tyler Durden
Jan 18.24
... Trump showed the world what an outsized role crypto, and certainly memecoins, will have in his administration.
After nearly a year of frenzied speculation which of the dozens of Trump-linked memecoins the 47th president will pick as his own, just before 10pm ET on Friday night [Jan 17,25] and just two days before his inauguration as the 47th president of the United States - Trump stunned the world when he unveiled on his Truth Social and X accounts, his “official” meme coin, TRUMP...
in case your Friday night wasn't insane enough, Trump just launched a "New" official meme coin which is sucking up all liquidity https://t.co/lHt2NHpl0Y pic.twitter.com/RAmKb7w6N1
— zerohedge (@zerohedge) January 18, 2025
... which in the 12 hours since its unveiling has surged to a $30 billion market capitalization, roughly three times bigger than Trump's other momentum chasing venture, DJT (whose market cap is $8.7 billion and has roughly the same amount of revenue or cash flow as the meme coin) as part of an exponential move that has seen its market cap rise (and occasionally fall) by a billion dollars every few minutes.
Without prejudice and without recourse
Doreen Agostino
Our Greater Destiny Blog
gf&es