Donald Trump assumes the presidency of the United States today, but he has already revolutionized the crypto market with the launch of his own meme digital currency.

It is called Trump and although at first it generated mistrust due to fear of a scam, in view of the proximity of the president’s inauguration, the President himself clarified it through his account on Truth Social and X.

The price of Trump’s meme cryptocurrency increased by billions of dollars in a few hours, although it is necessary to remember that this type of asset has no economic or transactional utility “and is often considered a purely speculative asset.”

In any case, it is more of an instrument to strengthen the confidence of the American people in the president who is assuming the presidency today. In this regard, it was said: “This Trump meme celebrates a leader who never gives up, no matter the situation,” as read on the official website of the project, referring to “the failed assassination attempt on the Republican candidate last July.”

To dispel fears about a possible scam, announcements were published on the official accounts of the Republican, who has already used the firm behind the project, CIC Digital LLC, to sell NFTs.

M.Pino

Source: elestimulo

(Reference image source: Mason Hassoun on Unsplash)

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La entrada Donald Trump begins his new term with his own meme cryptocurrency apareció primero en Bitfinance.