Recently, US President-elect Donald Trump promoted a new project involving a cryptocurrency-like token called Trump Memes via his social media platform, TruthSocial. This token is actively traded with a current market cap of $4.3 billion. Trump’s company, CIC Digital LLC, along with Fight Fight Fight LLC, has significant control over this token and will generate revenue from trading activities. Purchasers of this token are required to waive their right to participate in the class-action lawsuit unless they provide written notice within 30 days of accessing the website.
In addition, there are several other tokens associated with the Trump name, such as TRUMPCOIN (TRUMP) which was launched on the Binance Smart Chain (BSC) network on October 25, 2024. The last price of this token was $0.0002460 with a market cap of $11,565. However, it is important to note that these tokens have no official affiliation with Donald Trump or his organization.
Keep in mind that the cryptocurrency market is highly volatile and investing in such tokens carries a high level of risk. It is advisable to conduct thorough research and consult a financial expert before making any investment decisions.
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