The recent emergence of the $TRUMP meme-coin has redefined Donald Trump’s financial landscape and raised significant questions about the implications of such digital assets in the political realm. As this cryptocurrency gains traction, concerns about its potential misuse for foreign influence and corruption have emerged.

Trump made $30billion selling a fake crypto coin yesterday.

The guy who helped him do it (David Sacks, Elon’s best friend) was just named the Presidential Crypto Czar.

America will cease to exist tomorrow.

Suckerz.

— Dean Blundell🇨🇦 (@ItsDeanBlundell) January 19, 2025

What is A MemeCoin?

Nothing. Nada. Jack Shit.

Memecoins are the ultimate symbol of speculative hype over substance. Built on internet jokes and fueled by social media buzz, they often lack intrinsic value, utility, or meaningful innovation in the blockchain space. They’re essentially digital novelties, driven more by viral trends than by sound financial principles, leaving investors to gamble on fleeting popularity rather than tangible assets or real-world applications. In the end, memecoins are worth as much as the collective belief in the meme—fragile, volatile, and often, if not always, nothing.

In this case, it’s a Trump slush fund. A untrackable, untraceable Digital bank account that anyone can top up at anytime.

Most dangerous thing for country about Trump coin is what comes next. Now anyone in world can essentially deposit money into bank account of President of USA with a couple clicks. Every favor – geopolitical, corporate or personal – is now on sale, right out in the open.

— Anthony Scaramucci (@Scaramucci) January 19, 2025

In 48 hours, the $TRUMP coin became a substantial component of Trump’s net worth, accounting for nearly 89% of his financial portfolio. Following a remarkable surge, Trump’s crypto assets were valued at approximately $58 billion, positioning him among the world’s elite wealth holders. This meteoric rise has been facilitated by a new mechanism allowing the cryptocurrency industry to funnel significant funds to Trump, creating a volatile asset for investors speculating on his political future.

Political and Regulatory Landscape

While the Biden administration has indicated that meme coins like $TRUMP fall under SEC regulations, the incoming Trump administration is expected to adopt a more lenient regulatory framework. This shift could facilitate the growth of cryptocurrencies and allow for less oversight regarding the funding sources flowing into these assets.

The official website for the coin promotes purchasing through traditional or crypto means, emphasizing a celebratory spirit. However, it also states that the coin is not intended as an investment opportunity and has no ties to political campaigns. Yet, the reality is that speculative trading has already led to significant profits for some investors, especially those who entered early.

The Numbers Game

The remaining tokens, currently circulating for around 200 million of the total 1 billion coins, are controlled by Trump-affiliated entities and will be released over the next three years. Trump’s companies’ potential sale of an estimated 24 million coins monthly could yield staggering revenues, further entrenching his wealth. However, the unpredictable nature of the cryptocurrency market makes future valuations uncertain.

The Shadow of Foreign Influence

One of the most pressing concerns regarding the $TRUMP meme coin is its potential use as a vehicle for foreign influence and bribery. As the coin gains popularity and value, it could attract interest from foreign governments or entities looking to leverage financial incentives to sway Trump’s political decisions or policies. Let’s say Russia wants to thank Trump for giving them parts of Ukraine after Trump cuts off all funding to Ukraine for his friend, Vladimir Putin. Putin will order the purchase of a few billion in Meme coins.

Or Maybe Zuckerberg and Bozo want to grease Trump’s wheels for regulatory favor. $TRUMP meme coins are the perfect way to say “Thanks, Donald.”

OR, maybe China wats to say “Thanks for unblockinh TikTok – Here’s a cool 5 billion.”

MEME. COIN. CITY.

Rampell on Trump coin: If you’re the Saudi government, you no longer need to pretend to stay at a Trump hotel in order to give money to Donald Trump. pic.twitter.com/l1o6lP0iH2

— Acyn (@Acyn) January 20, 2025

Foreign actors’ ability to purchase large quantities of this asset raises ethical questions about the integrity of political influence and the potential for compromised decision-making. Given the lack of transparency in cryptocurrency transactions, it may become increasingly difficult to trace the origins of funds or identify any foreign involvement.

Implications for Governance

The emergence of such financial instruments poses challenges to traditional governance structures. The Constitution’s emoluments clause, which seeks to prevent corruption, may struggle to address the complexities of modern finance, especially in the context of cryptocurrencies that can be created and traded decentralized.

As the market evolves, the challenge will be to ensure that mechanisms are in place to prevent potential abuses of power. The Supreme Court’s expansive interpretation of presidential immunity further complicates matters, suggesting that any financial transactions related to the $TRUMP coin may escape scrutiny.

Conclusion

The $TRUMP meme coin exemplifies contemporary society’s intersection of wealth, politics, technology, greed and straight up coorruption. While it provides an unprecedented opportunity for financial gain, it also opens the door to potential corruption and foreign influence.

Once a criminal, always a criminal. The The President of The United States is the worlds biggest.