• 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

Market Sentiment Shifts, Impacting XRP Price Performance

chest

Recent shifts in market sentiment have led to a pullback in XRP's price, despite strong buying activity in futures positions.

user avatarDiego Alvarez

Michael Saylor's Strategy Could Acquire $30 Billion in Bitcoin

chest

JPMorgan analysts predict that Michael Saylor's Strategy could purchase approximately $30 billion worth of Bitcoin this year if the current acquisition pace continues.

user avatarKenji Takahashi

Russell 2000 Breakout Signals New Bitcoin Bull Market

chest

Bull Theory suggests that the recent breakout in the Russell 2000 index signals the onset of another major Bitcoin bull market.

user avatarMaria Fernandez

Vincent Van Code Explains the Potential of a Fed Master Account for XRP

chest

Crypto expert Vincent Van Code explains the implications of a 5 trillion Fed master account for Ripple and XRP.

user avatarGustavo Mendoza

Long-term Bitcoin Holders Increase Their Accumulation

chest

Long-term Bitcoin holders have significantly increased their accumulation, with demand from accumulator addresses climbing to 264,000 BTC on May 6, marking a 60% increase from just two weeks earlier.

user avatarMiguel Rodriguez

OTC Bitcoin Supply Experiences Significant Decline

chest

The 30-day over-the-counter (OTC) Bitcoin balance change has posted a net decline of approximately 24,940 BTC since early February, indicating a significant tightening of Bitcoin supply in OTC markets.

user avatarRajesh Kumar

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.