$TRUMP Coin is back in the headlines after U.S. Congressman Brad Sherman accused TikTok’s parent company of secretly buying $300 million worth of the meme token. The claim came just days after President Trump signed an executive order giving TikTok a 90-day extension to avoid a U.S. ban.
TikTok quickly fired back, calling the accusation “false and irresponsible.” The company says it has no connection to the alleged purchase and denies any involvement with TRUMP Coin.
The controversy has stirred debate in both political and crypto circles. Some believe it’s a political stunt, while others worry about the growing overlap between meme coins and power plays.
Meanwhile, TRUMP Coin’s price has stayed around $9, far below its $75 peak earlier this year. Despite the noise, top holders still control over 85% of the supply.
What do you think?
🗳️ Poll: Is the TRUMP Coin controversy real or just political noise?
It’s real—something is suspicious
Just politics—nothing to see here
Not sure, but I’m watching closely
