Gavin Newsom Plans Meme Coin to Rival Trump’s Cryptocurrency
Californian Governor gavin Newsom has unveiled his latest move against former President Donald Trump: launching a meme coin titled “Trump Corruption.”
Newsom disclosed his intentions during a Podcast, Pivot, hosted by journalist Kara Swisher. He teased, “We’re putting out a meme coin soon, and Donald Trump, let’s see whose coin performs better.”
This strategic step aligns with Newsom’s ongoing campaign to confront trump. Initially engaging through social media platform Truth Social, Newsom now extends the rivalry into the crypto space.
The release date remains undisclosed. However, Newsom shared he briefly considered naming it “Smelt”, inspired by criticism suggesting Trump emits a strong odor.
Newsom’s announcement coincides with the World Liberty Financial token launch backed by Trump. The WLFI raised over $5 billion. newsom believes selling “Trump Corruption” tokens could exceed this figure despite current TRUMP coin challenges.
- TRUMP meme coin price dropped 5% in the last 24 hours.
- Price fell roughly 11%, testing resistance near $9.20 before sliding to $8.34.
- Relative Strength Index near 42 indicates weaker market momentum yet not oversold.
All “Trump Corruption” coin proceeds will fund Newsom’s “Campaign for Democracy.” He aims to intensify scrutiny on political tactics by leveraging meme culture.
Newsom’s agile approach highlights political battles’ evolving nature, shifting from conventional media to cryptocurrencies. Strategies like these redefine modern-day political confrontations.
