TRUMP LAUNCHES CRYPTOCURRENCY WITH PRICE ROCKETING

Tina Collins

21 Jan 2025 — 1 min read

TRUMP LAUNCHES CRYPTOCURRENCY WITH PRICE ROCKETING

Donald Trump, the new US President-elect, has launched his own cryptocurrency called $Trump.

The value of the coin quickly increased to around $5.5 billion.

The cryptocurrency was created by CIC Digital LLC, a company linked to Trump's business.

Meme coins like $Trump are popular online but can be risky and change in value quickly.

Two companies, CIC Digital LLC and Fight Fight Fight LLC, own 80% of the coins.

It's not clear how much money Trump will earn from this.

Trump announced the coin on his social media, saying it represents "winning."

He will officially take office as the 47th US President on Monday.

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