Home” Meme Coins” Mark Cuban reveals Trump-inspired meme coin to pay for United States financial obligation
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Jan. 20, 2025
Billionaire business owner Mark Cuban prepares to introduce a meme coin, comparable to the Trump meme coin, directing all profits to the United States Treasury to help in reducing nationwide financial obligation.
- Mark Cuban proposes a meme coin with a 20% float, matching the $TRUMP coin's structure, with all sales earnings going to the United States Treasury.
- Cuban acknowledges the speculative nature of meme coins and stresses openness in the job.
Billionaire business owner Mark Cuban has actually revealed strategies to release a meme coin motivated by the $TRUMP token.
If meme coins are the method, possibly I' ll concern one. With a twist. Very same terms as $TRUMP. 20% float. Very same release schedule. One distinction.
All the profits from the sale of the coins go to the United States Treasury. The wallet address will be released so everybody can track it.
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— Mark Cuban (@mcuban) January 20, 2025
The job includes a distinct twist: all profits from the coin' s sales will be sent out straight to the United States Treasury to help in reducing the nationwide financial obligation.
The billionaire business owner detailed his proposition on X, dedicating to a 20% float and a release schedule matching the $TRUMP coin.
If meme coins are the method, possibly I' ll problem one. With a twist. Exact same terms as $TRUMP. 20% float. Exact same release schedule. One distinction: All the profits from the sale of the coins goes to the U.S. Treasury,” Cuban composed. If you wish to bet, gamble. At least utilize it to make a damage in the U.S. financial obligation.”
In action to issues from X user artchick.eth about prospective financier losses and circulation difficulties, Cuban acknowledged the speculative nature of meme coins.
Artchick.eth likewise kept in mind that a lot of effective meme coins today are neighborhood takeovers, needing time to develop strong circulation and natural development.
We concur. It s why Doge, Shiba Inu, and just a couple of others have actually worked. It' s about the neighborhood long term,” he stated. I m not stating purchasers won t get rekt. I stated it was betting. It' s a video game of musical chairs.”
Cuban assured openness in the job, consisting of releasing the Treasury' s wallet address for public tracking. “ No guarantees. No pumps by me. Simply total openness,” he mentioned.
The effort marks a shift in Cuban' s position on meme coins, which he formerly referred to as “ an apparent hustle.”
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