US president-elect unveils $Trump meme coin ahead of inauguration

As his inauguration on January 20 approaches, United States’ President-elect, Donald Trump, has introduced his own cryptocurrency, the $Trump meme coin.

Trump announced the launch of $Trump, a Solano-based meme coin, on Friday through a social media post.

“My new official Trump Meme is Here! It’s time to celebrate everything we stand for: Winning! Join my very special Trump community. Get your $Trump now. Go to gettrumpmemes.com,” Trump posted, alongside an iconic image of him charging supporters to “fight” after surviving an assassination attempt during his Pennsylvania campaign in Butler.

Since the announcement, $Trump has surged in popularity, reaching an $8 billion market cap in under three hours.

On its official website, a brief description of $Trump states, “On July 13, 2024, President Trump faced death and came up fighting! With his fist in the air and the iconic battle cry FIGHT FIGHT FIGHT, President Trump showed the world what a LEADER is made of.

“Now, you can get your piece of history. This Trump Meme celebrates a leader who doesn’t back down, no matter the odds. Join the Trump Community – we’re all about fighting for what matters.”

During his presidential campaign, Trump had pledged to position America as a global leader in cryptocurrency.