Trump’s new meme coin and crypto token soar on his first day in office | Donald Trump News
The crypto project connected to United States President Donald Trump, World Liberty Financial (WLF), has raised $1bn in token sales, while a new Trump meme coin also soared to more than $10bn in market value as Trump took office for his second term.
WLF made the announcement on Monday, the day Trump was sworn in as president.
The boom in Trump-related crypto ventures comes as he promises to usher in a “golden age” for cryptocurrencies, in stark contrast with the regulatory scrutiny of the industry enforced under the administration of former President Joe Biden.
WLF, promoted and formed by Trump, his sons and Trump’s new special envoy to the Middle East, Steve Witkoff, was launched two months before the US election.
Trump’s new…
