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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

World Launches New Banking and Finance Services

World has introduced its banking and finance services focusing on human verification and credentialing.

user avatarMiguel Rodriguez

UNDP and Blockchain for Good Alliance Launch Cybersecurity Programme

On October 19, the UNDP and the Blockchain for Good Alliance announced a two-year cybersecurity programme aimed at enhancing blockchain adoption in public institutions.

user avatarLuis Flores

Andreessen Horowitz Expands Crypto Investment Scope with A16z Frontier

Andreessen Horowitz has rebranded its crypto investment fund to A16z Frontier, allowing for a broader investment scope in emerging technologies.

user avatarArif Mukhtar

Robinhood Secures DFSA Authorization and Plans Dubai Expansion

Robinhood has announced its DFSA authorization and plans to establish a headquarters in the Dubai International Financial Centre, with a rollout in the Middle East set for 2027.

user avatarMaria Gutierrez

Circle Updates Institutional USDC Service Details

Circle provides an update on its service for connecting institutional USDC flows, highlighting the complexities of minting and liquidity management.

user avatarDavid Robinson

Grayscale's Research Note Explores Crypto and AI Integration

Grayscale's October 23 research note discusses the intersection of cryptocurrency and AI, highlighting various business models and their implications.

user avatarAndrew Smith

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.