• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ex-Coinbase Exec Proposes $TRUMP Airdrop Across America

user avatar

by Giorgi Kostiuk

2 years ago


Balaji Srinivasan, the former CTO of Coinbase, suggested that Donald Trump should airdrop $TRUMP tokens to every U.S. citizen through a mailing list, following the success of his official meme coin.

The Idea of $TRUMP Airdrop

Balaji Srinivasan dubbed Donald Trump as the 'first crypto president' after the successful launch of his meme coin $TRUMP. He suggests that to align Trump with his citizens, he should distribute tokens, starting with his supporters, costing approximately $7.7 billion in $TRUMP tokens.

Ideally, you want the President to be aligned with his citizens, such that they all held, for example, USA coin, which gave some dividend from the profits of the USA.

Rise of Trump's Cryptocurrency

$TRUMP meme coin shows significant results, reaching a market cap of $10.3 billion. It recently entered the top 21 cryptocurrencies, showing immense investor interest. According to Srinivasan, Trump's fortune is now largely measured in cryptocurrency, having increased from 1% to over 90%.

Prospects for Political Move

Srinivasan also sees an opportunity to build political ties by distributing $TRUMP tokens to Democrats, aiming to garner their support. Meanwhile, 42% of token buyers were first-time cryptocurrency users.

The $TRUMP token airdrop could become a major political and economic move for Trump, giving him the opportunity to strengthen his position in the crypto market and expand his political support.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SpaceX Drops AMD in Favor of Nvidia for AI Projects

chest

SpaceX announced it will exclusively use Nvidia chips for AI projects, dropping AMD, during a quarterly earnings call on August 4, 2023.

user avatarDavid Robinson

Trump Asserts US Dominance Over Strait of Hormuz Amid Tensions

chest

US President Donald Trump claims total US control over the Strait of Hormuz amid tensions with Iran, despite a significant drop in maritime traffic.

user avatarAndrew Smith

Crypto Market Faces Layoffs and Shifts in Investment Trends

chest

The crypto market is currently facing significant layoffs, with firms like Coinbase and FalconX reducing their workforce. Retail investors are increasingly shifting their focus from cryptocurrencies to sports betting platforms and AI stocks.

user avatarZainab Kamara

Bitwise Asset Management Reduces Staff Amid Market Adjustments

chest

Bitwise Asset Management has reduced its staff by approximately 14 employees, bringing its total workforce to about 155, while maintaining that it is still the largest in the company's history.

user avatarJacob Williams

Arthur Hayes Outlines Yenquake Macro Thesis Impacting Bitcoin

chest

Arthur Hayes proposes a macro thesis called 'Yenquake', suggesting that supporting the Japanese yen could inject dollar liquidity into global markets, potentially benefiting Bitcoin.

user avatarSon Min-ho

Jupiter Introduces Smart Debt Feature to Boost DeFi Efficiency

chest

Jupiter has launched a new feature called Smart Debt through its Jupiter Lend platform, allowing users to deploy borrowed assets into DEX liquidity pools to earn trading fees.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.