Link: Donald Trump appears to have launched a meme coin

Donald Trump has launched a new meme coin, following a series of posts on his X and Truth Social accounts. This development arises just days before his inauguration, sparking initial doubts about the legitimacy of his social media accounts.

Skeptics, as reported by Decrypt, raised concerns due to aspects like the project’s funding sources from Binance and Gate, both of which cater exclusively to overseas customers.

Further legitimacy to the project is provided by connections to Trump's earlier NFT ventures, with the coin’s website attributing the project to the same group involved.

According to Cointelegraph, sources close to Trump’s family have confirmed the validity of the announcements, which still remain live on his social platforms.

Trump is known for his interest in cryptocurrency, underscored by previous launches of multiple NFT collections and a crypto platform.

With cryptocurrency increasingly central in Trump's agenda, he plans to prioritize it further by designating crypto a national imperative through an executive order post-inauguration, as per a Bloomberg report. #

--

Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.