"Donald Trump supercharged his political career by claiming that Barack Obama wasn't American. Yesterday, 16 minutes before midnight, the president's account on Truth Social posted a video that suggests Obama isn't even human. It briefly shows the head of the first Black president and that of his wife superimposed onto the bodies of apes. They dance along to "The Lion Sleeps Tonight.""
"The video, which Trump's account shared twice, seems to be a screen recording. Its first minute shows a clip promoting the lie that voting-machine tampering handed Joe Biden the presidency in 2020. Then, someone seems to swipe up, and the clip depicting the Obamas as apes flashes into focus. The clip is on the screen for only a moment before the recording returns to the voting-machine video. And just before noon today, both posts of the video were removed from the president's Truth Social account."
"Immediately after the video was first posted on Truth Social, the memecoin $APEBAMA was minted. Within 12 hours, more than $4 million worth of $APEBAMA had been traded back and forth. In an X group with the same name that now has hundreds of members, the pinned tweet implies that the meme stock will succeed because of how outrageous the video is: "this is pretty much on par with him calling Obama a nigga.""
Shortly before midnight, a Truth Social account posted a short screen-recorded video that briefly superimposed the heads of Barack and Michelle Obama onto ape bodies while they danced to "The Lion Sleeps Tonight." The posted clip first showed a segment alleging voting-machine tampering in the 2020 election before cutting to the ape imagery and then reverting to the voting-machine clip. Both posts were removed before noon, with a White House official saying an unnamed employee "erroneously made the post." The post triggered enthusiastic responses, spawned the memecoin $APEBAMA with over $4 million traded in 12 hours, and prompted reposts that surpassed one million views.
Read at The Atlantic
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