Trump To Launch Another Crypto Coin? Here’s Why It Might Happen
Polymarket traders are pricing in a 27% probability that Donald Trump will launch a new cryptocurrency by year-end.
On Tuesday, Trump Media & Technology Group issued an official press release confirming the record date for its “Digital Token Initiative.”
DJT Shareholders as of that date will be eligible to receive digital tokens tied to the Truth Social platform.
Benzinga reported on this initative last December.
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The current tokens are described as non-transferable and cannot be exchanged for cash but don’t yet meet Polymarket’s criteria for a tradable coin.
However, the announcement signals that TMTG is integrating blockchain technology into its corporate structure. This represents a…
