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President Donald Trump

Immediately Harvests Money in

One Day,Check His Tricks

Jakarta, CNBC Indonesia The Trump family made a big profit from the enthusiasm of their supporters around the inauguration of US President Donald Trump. Not only that, insiders of the Trump family released two crypto assets named $TRUMP and $MELANIA.

The $TRUMP crypto asset released on the Solana platform broke through a market capitalization of US$ 14 billion (Rp. 228 trillion) last weekend, even though like other “meme coins”, it was sold without an underlying. The surge in $TRUMP’s market capitalization was driven by Donald Trump himself, through a post on social media, “This is the time to celebrate everything we fought for: WINNING!”

The website for $TRUMP states that 80 percent of the ownership of the crypto asset is controlled by Trump’s conglomerate parent company, the Trump Organization and other related parties.

Trump also held a special party for crypto industry players in the US capital, Washington DC, called the Crypto Ball. Crypto industry figures such as Coinbase CEO Brian Armstrong and Kraken founder Jesse Powell also promoted $TRUMP at the party.

The launch of $TRUMP last Friday was followed by the launch of $MELANIA on Sunday. The price of the crypto asset immediately skyrocketed 40 percent and has exceeded a valuation of US$ 2 billion (Rp. 32.5 trillion). On Monday, the prices of $TRUMP and $MELANIA fell sharply from their peaks.

Not only that, the Trump family also owns World Liberty Financial, a decentralized financial project. The token released by the organization has increased in price from 1.5 cents to 5 cents. Ahead of Trump’s inauguration, around 5 new tokens were sold. Since its launch in September, World Liberty Financial has sold tokens worth US$ 300 million.

The Trump family is entitled to 75 percent of World Liberty Financial’s crypto coin revenue.

SOURCE : CNBC INDONESIA