Just days before Donald Trump’s inauguration as 47th president of the United States, the businessman-turned-politican launched his latest venture: a new cryptocurrency token.

President Donald Trump dismissed reports that he had made billions after launching his new cryptocurrency token last week.

Trump's crypto tokens are raising ethical and geopolitical concerns--and are worrying even Trump's staunchest pro-crypto supporters

But by associating himself so closely with meme coins, some crypto fans worry that Trump hurts his ability to enact reforms

Cryptocurrency fans may have gotten more than they bargained for when the president and his wife launched a pair of tokens last week.

By associating himself so closely with meme coins, some crypto fans worry that Trump hurts his chances to help the wider crypto industry.

President Donald Trump has launched a new meme coin called $TRUMP. In an official X post, Trump announced the new crypto asset, adding that the meme coin was created to celebrate “WINNING.” The announcement came barely two days before his official inauguration.