Trump Launches Crypto Meme Coin, Raking in Billions in Value
- Donald Trump has launched his own cryptocurrency called $Trump, which quickly reached a market capitalization of nearly $5.5 billion within hours of its release.
- The venture was coordinated by CIC Digital LLC and Fight Fight Fight LLC, which own 80% of the tokens.
- Trump's announcement included a disclaimer stating the coin is 'not intended to be, or the subject of' an investment opportunity.
- Critics have labeled the launch as 'predatory,' with concerns about potential harm to investors.
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Coverage Details
Total News Sources0
Leaning Left30Leaning Right18Center19Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
45% Left
L 45%
C 28%
R 27%
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