Gavin Newsom Wants to Launch a Meme Coin Just to Troll Trump

Californian governor Gavin Newsom has said he will release his meme In the latest excavation of the democratic politician at President Donald Trump.

Newsom said on Friday at the Pivot with Kara Swisher and Scott Galloway Podcast that he would perform his campaign to mock President Trump by releasing “Trump Corruption Coin”.

The Governor of California joked that the coming cryptocurrency would do better than digital token president Trump issued In January, the Solana -based cryptocurrency acts as Official.

“We are about to turn off a meme coin and do you know what, Donald Trump? We will see how good your coin will do our coin,” Newsom said.

He added that “Trump Corruption Coin” would be the best name for it. News then became, Newsom said, “This is one of the great grifters of our time,” referring to President Trump. “This is just breathtaking.”

Newsom mock the US president by copying on X in the characteristic style of Trump and his language and famous sentences.

Decrypt Was unable to reach the Gavin Newsom office.

President Trump before his inauguration in January, the official Trump or Trump – released a meme -Munt that runs on the Solana network.

The Token shot up in value before he quickly crashed – as Medes tend to do – and since then Democrats have done that criticized The supreme commander for cashing in these and various other crypto companies.

Trump is the 77th largest cryptocurrency with a market capitalization of almost $ 1.7 billion. It was recently acting for $ 8.42, according to To Coingecko, well below the all times of $ 73.43, it struck his debut in January.

Meme coins are cryptocurrencies based on internet culture, often celebrities or online jokes. They are known for their extreme volatility and Relatively short plank.

President Trump campaign To help the cryptocurrency industry, she promises to alleviate the regulations as a president, to create a national strategic Bitcoin reserve and go so far that all future bitcoin would be mined by American companies. As a result, he received a considerable support from the industry during his campaign.

But opposition politicians have said that the president complains his bags with his crypto companies and have criticized Trump for his apparent conflicts of interest.

On Monday, a crypto project, supported by President Trump, his sons and the special envoy from the White House to the Middle East, Steve Witkoff, debuted The sign on large stock exchanges.

WLFIThat is the governance -token of Ethereumbased World Liberty FinancialThe project gave a rating of more than $ 26 billion after his debut at stock markets such as Coinbase and Kraken. The Trump family owns a considerable part of the WLFI token stock, their share is appreciated today for almost $ 6 billion.