Donald Trump launches his own cryptocurrency and its value rises by billions in a few hours
"Celebrate a leader who never gives up, no matter the situation," explains the project's official website.
If there were few things that US President-elect Donald Trump was missing with just hours to go before his second inauguration, he has crossed one more off the list. The Republican has announced the launch of his own cryptocurrency named after him, sparking a buying frenzy that has increased its global valuation to several billion dollars in a matter of hours.
In the hours following the launch of 'Trump', the crypto community questioned the legitimacy of this new asset and its connection to the next head of the White House and some feared a scam, as has happened in the world of "meme coins".
However, the fact that the announcements were published on the Republican's official accounts and that one of the companies behind the project, CIC Digital LLC, had already been used by Donald Trump to sell NFTs (Non Fungible Tokens, digital assets) ended up reassuring the market.
This was followed by a rise in the value of the digital currency, which brought the total capitalization of units in circulation to almost 6 billion dollars.
Reading this leads me to ask myself several questions which I would like to share with you and conduct this survey.
Will Trump stop supporting Bitcoin?0.0%
will create a Bitcoin reserve?33.3%
I prefer to comment.66.7%
3 votes \ 3h left