President-elect Trump launches own cryptocurrency meme coin ahead of inauguration
Libby Cantrill, Pimco’s head of U.S. public policy, shares what she expects President-elect Trump to accomplish on his first day back in office on ‘Barron’s Roundtable.’
President-elect Trump took the $3.5 trillion cryptocurrency industry by surprise Friday night, announcing the launch of his own crypto token called $TRUMP coin.
The launch is on its way to becoming one of the most successful in history.
In less than 24 hours, $TRUMP’s value rose from just a few cents to $33.87, representing a staggering price gain of over 18,000%. The token price has since come down to around $26 with a market cap of over $5 billion, putting it in the top 30 biggest cryptocurrencies in the world.
