Donald Trump Unveils His Cryptocurrency: A Viral “Meme Coin” with Rapid Success

The President-elect of the United States, Donald Trump, continues to leave his mark on unexpected industries. After hotels, golf courses, and vineyards, he has now launched his own cryptocurrency: “Trump Meme”, also known by its symbol “$Trump”. Described as a “meme coin,” this new digital asset pays tribute to the controversial and viral persona of the former president.

A Digital Tribute to an Unyielding Leader

According to the project’s official website, the “Trump Meme” represents “a leader who never backs down, no matter the situation,” a direct nod to the combative image Donald Trump has cultivated, particularly following the assassination attempt he survived last July.

In a message shared on Truth Social and X (formerly Twitter), Donald Trump portrayed the cryptocurrency as a tool designed to capitalize on popular enthusiasm for iconic figures or viral phenomena. However, like other meme coins, this digital product lacks any economic or transactional utility and is purely speculative in nature.

A Record-Breaking Valuation in Hours

The announcement sparked a frenzy of purchases, pushing the total valuation of “$Trump” to nearly $6 billion within just a few hours. Neither Donald Trump nor Fight Fight Fight LLC, the company overseeing the launch, has disclosed any potential profits from this operation.

A Strategic Shift on Cryptocurrencies

Previously a vocal critic of cryptocurrencies, Donald Trump has dramatically shifted his stance during his recent presidential campaign. Promising to reduce regulations in the sector, he has become a staunch advocate for digital assets, going as far as associating his name and image with the industry.

Launched just two days before his official inauguration, the “$Trump” marks another bold step in Donald Trump’s strategy, blending politics, business, and digital virality.