Donald Trump has launched a new meme coin, which has elicited skepticism regarding its legitimacy, especially given the sources of the project's funding and the timeline of his upcoming inauguration.
Despite concerns about hacking and funding sources, sources close to Trump's family have confirmed the legitimacy of the coin announcement, aligning with Trump's ongoing engagement in the crypto space.
In light of Trump's previous NFT ventures and plans for a crypto executive order post-inauguration, the introduction of a meme coin appears to be a continuation of his crypto strategy moving forward.
Trump's proactive approach to cryptocurrency, including the formation of a tech policy team, emphasizes its significance within his broader political agenda and frames it as a national priority.
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