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.
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.
