Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
President-elect Trump introduced his first official cryptocurrencywhich skyrocketed in value to begin its opening weekend.
“My NEW official Trump meme is HERE! It’s time to celebrate everything we stand for: WIN! Join my very special Trump community. GET YOUR $TRUMP NOW,” the president-elect commented Social Truth Friday night
The price of $TRUMP soared 550 percent to nearly $30 by midday Saturday, and the coin’s market value was $30 billion on paper since launch, according to than CoinGecko.
Trump’s incoming artificial intelligence (AI) and crypto czar David Sacks hosted the first “Crypto Ball” in Washington, DC on the Friday night before the inauguration.
The cryptocurrency industry he spent heavily in the 2024 election and is preparing his wish list for Trump’s term. The Biden administration had gone after crypto giants like Coinbase and Ripple and in 2022 President Biden signed an executive order asking government agencies to examine the risks and benefits of cryptocurrencies.
Trump once dismissed crypto as a “scam” but embraced it during the campaign and was the first presidential candidateto accept digital assets. Donors could give to the Trump campaign through its joint fundraising committees using any cryptocurrency accepted through the Coinbase Commerce product.
But, earlier this year, he saidI wouldn’t allow itthe creation of a central bank digital currency if chosen, calling it a “dangerous threat to freedom.”
