$Donald Trump's ventures into commemorative coins and cryptocurrency have garnered significant attention and controversy. $TRUMP
🪙 Commemorative Trump Coins .
Donald Trump has released several commemorative coins as part of his merchandise offerings. Notably, a $100 gold-plated coin features his profile on one side and the White House on the other. These coins are marketed as collectible items and are available through various online retailers, including Amazon and eBay. Additionally, a 1-ounce .999 fine silver medallion has been introduced, aligning with other limited-edition releases in his merchandise collection.
🪙 The $TRUMP Meme Coin.
In January 2025, Donald Trump launched a cryptocurrency called $TRUMP on the Solana blockchain. Initially, 200 million coins were released to the public, while 800 million remained under the control of Trump-affiliated entities. The coin's value surged rapidly, with a total trading value nearing $13 billion within two days of its launch. However, the venture has faced criticism over potential conflicts of interest, as Trump promoted the coin while serving as President. Ethics experts have raised concerns about the implications of a sitting president benefiting financially from such ventures.
🪙 The $MELANIA Coin and Insider Trading Allegations.
Shortly after the launch of $TRUMP, Melania Trump introduced her own cryptocurrency, $MELANIA. Investigations revealed that certain traders purchased significant amounts of $MELANIA just minutes before its public announcement, leading to profits estimated at nearly $100 million. This timing has raised suspicions of insider trading, though Melania Trump has not publicly commented on the matter.
🏛️ Legislative Response and Ethical Concerns .
The intertwining of Trump's political role and cryptocurrency ventures has prompted legislative scrutiny. Senate Democrats introduced the End Crypto Corruption Act, aiming to prohibit federal officials and their families from investing in or endorsing digital assets. This move responds to concerns about potential conflicts of interest and the ethical implications of such financial activities by public officials.