Trump releases his cryptosecond: $rump achieves tremendous value

Newly elected president of the United States, Donald Trump, has launched his cryptophone, $100, which has quickly reached a market value of nearly $5.5 billion after the launch. The venture was co-ordinated by CIC Digital LLC, a branch of the Trump Organisation. The meme coins, like the $100, are often unstable and have no internal value, mainly designed for Internet trends.

The currency website reported the release of 200 million landland, with 800 million more planned to emerge over the next three years. Trump promoted the coin on his social media platform, Social Truth, calling it a holiday for “profitren” and for a leader who “does not withdraw”.

Critics have accused Trump of taking advantage of the launch, set up just before his inauguration, while some warn that the mete coins are dangerous and prone to instability. However, Trump suggested earlier that the US could become “the capital of the cryptov planet”.