He also attaches Trump’s name to crypto tokens and other crypto-themed products. The cryptocurrency industry, which Trump spent so much to win last year’s election, has expressed mixed feelings about some of his crypto ventures.
Critics say the ripe venture of abuse by people seeking Trump’s influence is ripe. Trump has committed to investing his investments and assets in trusts managed by his children, and not playing a role in managing his company during the president.
$100,000
This is how many “Crypto President Tourbillon” watches are billed by watch companies from Trump themed online watch stores that pay a license fee to use Trump’s name. Trump has a long history of blending his political and business interests. He first promoted the Trump Watch last September. The online store has recently begun selling crypto-themed watches at various price levels, the AP reported.
The getTrumpwatches.com website only makes 10 Crypto President Tourbillon watches, and payments are accepted only in Bitcoin. For $100,000, buyers receive a 229 “Bitcoin Orange Sapphire” and a credible signature watch from Trump.
$11 billion
This is because the market capitalization, or overall value of the President’s meme coin, peaked at around $15 billion on January 19th, peaked at around $15 billion a day before Trump took office. Since then, how much market capitalization or overall value has been erased.
Some in the Crypto industry welcomed the launch of Trump’s meme coin, followed by the launch of First Lady Melania Trump’s meme coin as a sign of his enthusiasm and commitment to digital assets.
Critics said it wasn’t very much reflected in the crypto industry’s reputation at a time when they wanted it to become more mainstream. Meme coins are a strange and very unstable corner of the crypto industry, often starting as a real valueless joke, but if enough people are willing to buy them, they will spike in the price It may cause you to do so.
$299
This is the price of a new pair of crypto-themed sneakers for sale on another website that pays a license fee to sell Trump-themed products promoted by the president. The low-top orange shoes are scheduled to begin shipping in April, with only 400 pairs of limited and restricted driving.
$75 million
That’s what China’s Crypto Mogul Justin Sun says his company has invested in World Liberty Financial, a decentralized financial cryptocurrency platform that Trump and his sons launched last year. I just said that. Sun founded the decentralized blockchain platform Tron, and is also known for its recent purchase of bananas for $6.2 million.
Sun and his company were sued by the SEC in 2023, allegedly artificially inflated the price of Tron, and the US also promoted a relocation linked to a group designated as a terrorist organization. I’m criticizing it. World Liberty Financial announced that it had purchased the $4.7 million Tron token TRX on its inauguration day.
$250 million
This is what Trump’s true parent company says they’ll spend it on new investment products and decentralized finance services that could include purchasing Bitcoin and other cryptocurrencies.
Truth Social has just been applied to the trademarks “Truth.fi Bitcoin Plus ETF” and “Truth.fi Bitcoin Plus SMA.”
Despite small income and heavy losses, Trump supporters have helped raise and raise funds for Trump Media & Technology Group since its release last year. The parent company announced later last month that the possible move to Crypto is an effort to diversify its $700 million cash reserve.
TMTG says Trump has no decision-making role in the company. He is its largest shareholder, earning a 53% stake, according to the company’s latest quarterly report. It is now worth over $3 billion.
FAQ
Q1. What is the market capitalization of Donald Trump Coin?
A2. The market capitalization, or overall value of the President’s meme coin, peaked at about $15 billion on January 19th, peaked at about $15 billion a day before Trump took office.
Q2. Who is the current president of the United States?
A2. The current president of the United States is Donald Trump.
Disclaimer Statement: This content is written by a third party. The views expressed here are those of the respective authors/organizations and do not represent views from the economic era (ET). ET is not responsible for, warrants, approves, or in any way. Take all the steps required to ensure that the information and content provided is correct, updated and verified. ET disclaims all warranties, express or implied, relating to the Report and the content therein.
