• 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

a year 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Crypto Markets Under Pressure as Macro Conditions Tighten

chest

The crypto markets are currently facing increased pressure as macroeconomic conditions shift towards a more hawkish stance.

user avatarMaria Gutierrez

SEC Engages with South Korean Officials on Crypto Regulation

chest

The SEC met with South Korean officials and digital asset stakeholders to address regulatory gaps in the crypto market.

user avatarDavid Robinson

BlackRock Publishes New Portfolio Research Report

chest

BlackRock has released a new report based on its portfolio research, emphasizing the importance of accuracy, relevance, and impartiality in investment strategies.

user avatarAndrew Smith

CFTC Lawsuit Against Kentucky Highlights Jurisdictional Battle Over Prediction Markets

chest

The CFTC has filed a lawsuit against Kentucky, raising questions about the regulation of prediction markets in the U.S. The case will determine if federal derivatives law or state gambling laws govern these markets.

user avatarJacob Williams

XRP Withdrawal Activity on Binance Reaches New Highs

chest

XRP withdrawal activity on Binance has surged, marking the highest share since 2024, indicating a shift in exchange behavior.

user avatarZainab Kamara

Cardano DeFi Project SecondFi Faces Major Security Flaw

chest

The Cardano DeFi project SecondFi is facing scrutiny due to a critical wallet key generation flaw, exposing users to potential losses in the tens of millions of dollars.

user avatarSon Min-ho

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.