Cuban outlined his plan on X, stating that the meme coin would operate similarly to the $TRUMP token, with only 20% of it being tradable and an identical release schedule to the $TRUMP coin. The revenue from selling this coin would be used to pay off the national debt of the United States.
Cuban emphasized that if the community is willing to speculate on meme coins, then at least this speculation should have a value that contributes to society. He describes this as an opportunity to turn hype into practical action.
This project not only demonstrates creative thinking but also serves as a call for the cryptocurrency industry to move towards transparency and social responsibility. Nevertheless, investors need to be cautious of the risks when participating in meme coin-related projects, which often rely more on hype than on actual value.
What do you think about this idea from Cuban?
#MarkCuban #memecoin #TRUMP
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