Trump announces launch of his own cryptocurrency. PHOTO

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US President-elect Donald Trump has announced the launch of his own cryptocurrency, the $TRUMP memecoin.

He wrote about this in the social network X, Censor.NET reports.

"It's time to celebrate everything we stand for: victory. Join my community and get your $TRUMP right now," Trump said in a post.

According to the project's website, 200 million coins will be available to users on the first day, and the total supply will grow to 1 billion within three years.

In the first hour after the launch, the capitalisation of the $TRUMP memecoin reached $3 billion, and an hour and a half later it exceeded $4 billion.

The project's website is designed in the style of Trump, with his phrase from the assassination attempt in the summer of 2024: "Fight, fight, fight."

Трамп випустив власну криптовалюту під назвою $TRUMP

Trump had previously called cryptocurrencies a scam, but said he changed his mind during the campaign.

He promised to make the United States the "world capital of cryptocurrency" and accumulate a national bitcoin reserve.

Author: Анастасия Ахтырская