Cryptocurrency: How Trump Earned More in One Day Than in His Entire Career

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The world of crypto never ceases to surprise. Donald Trump, who is about to return to his seat in the White House, has just created a stir by launching his own cryptocurrency. The meme coin $TRUMP has propelled his personal fortune to dizzying heights in less than 24 hours, surpassing anything he had accumulated during his career as a businessman.

A fortune built on crypto speculation

Donald Trump, whose real estate fortune has always been the subject of speculation, is now among the 25 richest people in the world thanks to a simple cryptocurrency. According to Axios estimates, the meme coin now represents 89% of his total wealth, or more than $60 billion. A spectacular jump that far exceeds his gains in real estate, casinos or television.

This explosion of virtual wealth is no accident. The timing of the launch, just before his inauguration as the 47th President of the United States, has created a wave of speculative purchases. Investors are clearly betting on Trump’s future influence in regulating the crypto sector. A situation that is already raising concerns about potential conflicts of interest.

The launch of the $TRUMP token did not fail to arouse the initial suspicion of many observers. Some even suspected a hack of Trump’s social accounts during the first announcements. The Decrypt site noted several troubling elements, such as the origin of the initial funds coming from foreign platforms such as Binance and Gate.

Conflicts of interest that raise concerns for his future mandate

However, sources close to the Trump family cited by Cointelegraph have confirmed the authenticity of the project. The move is a continuation of the former president’s recent pro-crypto stance. After long criticizing cryptocurrencies, Trump has made a U-turn, going so far as to form a dedicated tech policy team led by “crypto czar” David Sacks.

The inherent volatility of meme coins quickly became apparent. Within hours of its historic peak, the price of $TRUMP fell by 50%. This sharp correction illustrates the speculative nature of this investment. However, it has not prevented the cryptocurrency from remaining the main component of Trump’s wealth.

This unprecedented situation raises crucial questions for his next term. Bloomberg reports that Trump plans to make cryptocurrencies a “ national priority ” by executive order upon his inauguration. The announced appointment of crypto-friendly Paul Atkins to head the Securities and Exchange Commission (SEC) reinforces this direction.

The intersection of private interests and public policy is becoming evident. Wealthy investors seeking favor with the future president will be able to easily purchase $TRUMP tokens to gain influence. A mechanism that transforms this cryptocurrency into a potential tool for disguised corruption.

• Trump launches the meme coin $TRUMP which now represents 89% of his fortune
• The value of the token has exploded thanks to the timing of the launch before his inauguration
• Potential conflicts of interest are worrying as Trump plans to make crypto a national priority

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