Friday, March 29, 2024
HomeAltcoinsTrumpCoin vs. Eric Trump, former US President's son

TrumpCoin vs. Eric Trump, former US President’s son

Eric Trump, Donald Trump’s son, has made critical remarks about the meme coin TrumpCoin. In a tweet on Monday, he stated that TrumpCoin has nothing to do with his family, is not authorised, and has no ties to them. Eric has threatened legal action against the initiative, which he has termed a “fraud.”

TrumpCoin was created “by patriots for patriots everywhere” in honour of Donald Trump, despite the fact that the former President is not a huge admirer of cryptocurrencies. In his opinion, crypto assets are nothing more than a calamity waiting to happen.

TrumpCoin has a market capitalization of around $1.47 million and 6.6 million coins in circulation. There are a total of 18 million TrumpCoins available. Its previous 24-hour trading volume increased by more than 311.27 percent, to a measly $8,988, probably as a result of Eric’s tweet.

The team behind TrumpCoin replied to Eric Trump’s statement by emphasising that they have never claimed any affiliation with the Trump family.

After Eric’s tweet, TrumpCoin has dropped by more than 16 percent to trade at $0.22. The coin reached an all-time high of $1.6902 in mid-November before reversing course due to a larger market decline.

Read more :

Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

2 × two =

- Advertisment -

Most Popular