Trump launches meme coin, apparently makes more than $25 billion overnight - eviltoast

President-elect Trump launched his own cryptocurrency overnight and swiftly appeared to make more than $25 billion on paper for himself and his companies.

Why it matters: The stunning launch of $TRUMP caught the entire industry off-guard, and speaks to both his personal influence and the ascendancy of cryptocurrency in his administration.

  • It also speaks to the nature of the crypto industry that someone could have $25 billion worth of something that literally did not exist 24 hours previously.
    • OwlHamster@lemm.ee
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      4 days ago

      You’re going to use that “You’re going to use that “is not better served in another way” clause to wiggle out of anything I might suggest, but okay.” clause to wiggle out of anything they might suggest, but okay.

    • JackbyDev@programming.dev
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      3 days ago

      I’m relatively open to crypto, but ens is like one of the goofiest examples to pick in my opinion. I also believe they’re going to use that “better” clause to wiggle out of anything, but I also believe the example you used it very weak.