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Why Trump’s meme coin is a cash grab

  • Written by Maximilian Brichta, Doctoral Student of Communication, University of Southern California
Why Trump’s meme coin is a cash grabThe Trump meme coin has already attracted over a half-million buyers.Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images

Three days before his presidential inauguration, Donald Trump launched a meme coin, a type of cryptocurrency whose value is buoyed by social media and internet culture, rather than any sort of functionality or intrinsic...

Read more: Why Trump’s meme coin is a cash grab

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