Donald Trump's Meme Coin $trump Surges To $10.7 Billion Ahead Of Inauguration

According to cryptocurrency hunt website CoinMarketCap, Donald Trump's meme coin $TRUMP has deed astir $11 cardinal successful marketplace value. At nan clip of this writing, it is weighted astatine $52.71, up from small than $10 connected Saturday. It deed a highest astatine $74.59 connected Sunday.

The integer token was launched connected Friday, and its branding includes an image of Trump raising a fist.

Reuters notes that of nan afloat number of tokens, 80% are owned by CIC Digital LLC, an relationship of The Trump Organization, and different business called Fight Fight Fight LLC.

The tract of nan coin notes that "GetTrumpMemes.com is not governmental and has point to do pinch immoderate governmental tally aliases immoderate governmental agency aliases governmental agency."

Related: Donald and Melania Trump Launch Meme Coins

In 2021, Trump was vocal astir his dislike of crypto, peculiarly Bitcoin. "Bitcoin, it conscionable seems for illustration a scam," Trump said. "I don't for illustration it because it's different complaint competing against nan dollar."

However, his sentiment has since evolved and he became nan first statesmanlike campaigner to judge integer assets arsenic tally donations.

Crypto is too now a family matter for nan Trumps.

First Lady Melania Trump too launched a meme coin, and connected Sunday, Trump's boy Eric posted connected X "Wait until you spot what they do tomorrow!"