Gavin Newsom to launch ‘Trump Corruption Coin’ to troll Trump

The Governor of California Gavin Newsom says he will launch a meme -coin called “Trump Corruption Coin” to mock US President Donald Trump.

“This is one of the great grifters of our time,” said Newsom about Trump Durge appearance On the Pivot with Kara Swisher and Scott Galloway Podcast. ‘This is just breathtaking. “

Democrat Newsom has actively trolled Trump by posting on X in the capital letters of Trump in Trump, as well as his language and copying the most famous sentences.

Newsom says he wants to bring a mirror into absurdity in politics

Newsom said that his constant spot of the president is intended to serve as a mirror for ‘the absurdity’ that is currently taking place in the political arena.

“It is comical, and yet it is so normalized and socialized in a way that is not even in the very right,” he said.

By launching his own meme, the Governor wants to bring his spot from Trump to the next level.

“We are about to set up a meme coin and do you know what, Donald Trump?” he said. “We will see how well your coin will do versus our coin.”

Trump Meme Coin Plummets 7%

Trump promises to make America the “Crypto capital of the world” and the industry has been an important focus of him and his family.

The Trump Meme Coin was launched for the inauguration of the president in January on the Solana network, and the official Melania Meme (Melania) Meme Coin of the First Lady followed shortly thereafter.

Trump rose at the launch but crashed shortly thereafter. Nevertheless, it was not long before the sign of the President climbing the Meme Muntrangen. Currently, Token is the fourth largest meme currency with a capitalization of more than $ 1.67 billion.

Trump Price Chart (Source: Mint market cap))

That ranks the above popular meme coins that include Bonk (Bonk), SPX6900 (SPX), Dogwifhat (WIF) and Fartcoin (Fartcoin).

The only meme coins with a larger market capitalization than Trump are Pudgy Penguins (Pengu), Pepe (Pepe), Dogecoin (Doge) and Shiba Inu (Shib).

The Trump price has been paid more than 7% in the last 24 hours to act at $ 8.38 from 5:05 am EST, according to data from Coinmarketcap.

Trump -family criticized for his crypto companies

Other members of the Democratic Party have taunted Trump for the use of his presidency to enrich himself and his family, while at the same time regulatory guarantees are dismantled.

Among the critics is Senator Elizabeth Warren, who said Trump is trying to turn the White House into a “crypto money machine”.

Americans did not send us to the congress to help Trump make the White House a crypto money machine.

We cannot look the other way when the President organizes a private dinner for his Topmeme buyers -or crypto accounts such as the Genius act passing through his bags. pic.twitter.com/W0OXSF22BG

– Elizabeth Warren (@Senwarren) May 22, 2025

Some of the crypto companies involved in the president and his family include a decentralized platform for Finance (Defi) called World Liberty Financial, a crypto -my -office called American Bitcoin, Polymarket and Metaplanet, one of the leading Bitcoin Treasury -Companies.

Yesterday, World Liberty Financial debut his WLFI -token on many of the greatest crypto exchange platforms.

The token came on the market with a total range of 100 billion tokens and a completely diluted market value of $ 30 billion. It is already in the top 30 largest cryptos.

According to the website of World Liberty Financial Markets DT Defi LLC and “certain family members” of the Trump family 22.5 billion WLFI -Tokens. The total participations are valued at more than $ 5 billion, with the crypto -trade at $ 0.2489 from 5.25 hours EST.

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