Lauran Buntin lk92

The elected President of the United States, Donald Trump, announced on social media the launch of his own cryptocurrency called $TRUMP. On the first day, 200 million coins will be available to users, and over the course of three years, the total supply will grow to one billion.

In the first hours after launch, the market capitalization of the meme coin $TRUMP reached three billion dollars, and after one and a half hours, it exceeded four billion.

The project's website is styled after Trump and contains his phrase "Fight, fight, fight," said after the assassination attempt in the summer of 2024.

Trump, who previously referred to cryptocurrencies as a scam, changed his mind during the election campaign. He promised to make the U.S. the "world capital of cryptocurrency" and accumulate a national reserve of bitcoins.

Also see: Trump appointed David Sachs as the "king" for AI and cryptocurrency issues.
In early December last year, Trump announced the nomination of crypto lobbyist Paul Atkins for the position of head of the Securities and Exchange Commission, which is considered one of the most influential opponents of cryptocurrencies in the global financial world. After that, the price of bitcoin surpassed one hundred thousand dollars for the first time.

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