{"id":41513,"date":"2025-01-20T20:40:12","date_gmt":"2025-01-20T20:40:12","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=41513"},"modified":"2025-01-20T20:40:12","modified_gmt":"2025-01-20T20:40:12","slug":"trump-meme-coin-has-turned-donald-j-trump-into-one-of-the-richest-men-in-the-world-just-as-he-is-sworn-in-as-47th-us-president","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=41513","title":{"rendered":"$TRUMP \u2018Meme Coin\u2019 Has Turned Donald J. Trump Into One of the Richest Men in the World, Just as He Is Sworn in as 47th US President"},"content":{"rendered":"

\"\"<\/p>\n

\"\"
AI-generated image by Grok.<\/figcaption><\/figure>\n

We\u2019ve finally come to the momentous, historic day of the inauguration of Donald J. Trump as 47th US President.<\/p>\n

With everything that Trump and his die-hard supporters have endured for the last four years, certain aspects of this day seem like a dream come true.<\/p>\n

And other associated events just strike us as fantastic, such as the arrival and surge in popularity of $TRUMP, the \u2018meme-coin\u2019 celebrating his return to the presidency.<\/p>\n

\n
<\/div>\n<\/div>\n

The launch of $TRUMP on January 17th has made the incoming president a \u2018paper fortune\u2019 that propels him to the heights of fortune, as one of the world\u2019s richest men, right on the eve of his inauguration.<\/p>\n

The Telegraph<\/a> reported:<\/p>\n

\u201cMr. Trump is sitting on a stack of digital tokens theoretically worth $43bn after investors and supporters piled in to the launch of his $Trump coin on Friday.\u201d<\/em><\/p>\n

The token soared in value right after its launch and is now one of the world\u2019s most valuable cryptocurrencies.<\/p>\n

\u201cThe 200m in circulation are worth a combined $10.7bn (\u00a38.6bn), but the coin\u2019s website said that 1bn tokens will be released in total over the next three years. The remaining 800m are still held by CIC Digital, which describes itself as an affiliate of the Trump Organization, and Fight Fight Fight LLC, a subsidiary.\u201d<\/em><\/p>\n

\"\"
AI-generated image by Grok.<\/figcaption><\/figure>\n

As I write this post, the $TRUMP coin is trading at approximately $55.31 USD, with the holdings worth approximately $44.22 billion.<\/p>\n

It is not known how much President Trump will personally gain \u2013 but combined with his existing $7.2bn fortune he would be worth around $51.4bn.<\/p>\n

\u201cSecuring that wealth appears unlikely. Meme coins are notorious for volatile price movements and traders seeking to ride their momentum to make quick profits by rapidly buying and selling the tokens.<\/em><\/p>\n

The Trump coin itself rapidly fell from a high of $75.35 on Sunday to around half that several hours later, before recovering on Monday morning.\u201d<\/em><\/p>\n

First Lady Melania released her own meme coin on Sunday (19), and it has also shot up in value. The 192m Melania coins in circulation have a value of $2.2bn.<\/p>\n

\u201cThe price of Bitcoin also hit an all-time high on Monday, rising above $109,000. Mr. Trump has described himself as the \u2018crypto president\u2019 and was heavily backed by the industry during the election.\u201d<\/em><\/p>\n

Read more:<\/strong><\/p>\n

\"\"<\/p>\n

Read: BREAKING NEWS: IMPRESSIVE! Donald Trump Launches $TRUMP Meme Coin That Reaches $32 Billion in Worth in One Night<\/a><\/strong><\/p>\n

\n
<\/div>\n<\/div>\n

The post $TRUMP \u2018Meme Coin\u2019 Has Turned Donald J. Trump Into One of the Richest Men in the World, Just as He Is Sworn in as 47th US President<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

AI-generated image by Grok. We\u2019ve finally come to the momentous, historic day of the inauguration of Donald J.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-41513","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\n$TRUMP \u2018Meme Coin\u2019 Has Turned Donald J. 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