Gavin Newsom Teases “Trump Corruption Coin” in Newest Jab at President Trump

• Gavin Newsom plans to launch “Trump Corruption Coin”, mocking Trump’s Solana-based TRUMP token.
• Trump’s TRUMP coin peaked at $73 however now trades close to $8, with critics calling it a money seize.
• The feud comes as Trump’s WLFI challenge debuted at a $26B valuation, making the household billions on paper.

California governor Gavin Newsom has taken his feud with President Donald Trump into crypto territory—saying he plans to launch his personal meme coin aimed squarely at mocking the previous president.

Talking Friday on the Pivot podcast with Kara Swisher and Scott Galloway, Newsom joked that his token, cheekily named “Trump Corruption Coin”, would outshine Trump’s personal Solana-based cryptocurrency, Official Trump (TRUMP), which launched again in January.

“We’re about to place a meme coin out and you realize what, Donald Trump? We’ll see how effectively your coin does versus our coin,” Newsom stated, half-joking however very clearly aiming to needle Trump. He doubled down by including: “This is likely one of the nice grifters of our time… it’s simply jaw-dropping.”

Trump vs. Newsom: The Meme Coin Battle

Newsom has been poking enjoyable on the president for months now, even mimicking Trump’s social media type on X, copying his trademark catchphrases. His proposed “Trump Corruption Coin” looks like an extension of that technique—mixing humor, politics, and crypto tradition.

Trump’s personal meme coin, TRUMP, was hyped forward of his January inauguration. It skyrocketed from its launch worth to an all-time excessive of $73.43, earlier than predictably crashing again down, as most meme cash do. Right this moment it trades round $8.32, with a market cap of $1.7 billion, nonetheless holding the 77th spot amongst cryptocurrencies, in response to CoinGecko.

Meme Cash and Political Punchlines

For these new to the area, meme cash are tokens that thrive on Web tradition—usually tied to celebrities, jokes, or trending on-line narratives. They will explode in worth one week and collapse the subsequent, making them each dangerous and short-lived.

Whereas Trump has promised huge issues for crypto—easing rules, constructing a U.S. Strategic Bitcoin Reserve, and making certain all future Bitcoin mining occurs domestically—critics argue he’s extra serious about utilizing the business to pad his personal pockets. Newsom’s transfer to parody Trump by crypto highlights that critique in a approach designed to seize headlines and meme-driven consideration.

The Larger Image

Curiously, this all comes simply as a Trump-linked crypto challenge, World Liberty Monetary (WLFI), made its debut on main exchanges like Coinbase and Kraken. WLFI, which the Trump household closely backs, launched with a valuation north of $26 billion, with their private stake reportedly value almost $6 billion at this time.

So whereas Trump leans deeper into crypto as each a political and monetary device, Newsom’s playful jab with “Trump Corruption Coin” underscores how the meme coin craze has develop into not only a monetary pattern—however a political weapon too.

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