The epic rise in worth of President Donald Trump’s meme coin $TRUMP caught the eye of many — together with fellow billionaire Mark Cuban.
The vocal critic of Trump took to X and posted a considered launching his personal meme coin. “If meme cash are the way in which, perhaps I am going to difficulty one. With a twist,” he wrote.
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“Identical phrases as $TRUMP. 20% float. Identical launch schedule. One distinction. All of the income from the sale of the cash go to the US Treasury. The pockets tackle will likely be revealed so everybody can monitor it,” he continued.
“If you wish to gamble, gamble. However not less than use it to make a dent within the US Debt,” Cuban concluded. “You in?”
If meme cash are the way in which, perhaps I am going to difficulty one. With a twist. Identical phrases as $TRUMP . 20% float. Identical launch schedule. One distinction.
All of the income from the sale of the cash go to the US Treasury. The pockets tackle will likely be revealed so everybody can monitor it.
If…
— Mark Cuban (@mcuban) January 20, 2025
The tweet has obtained almost 64K likes, and Cuban gave extra specifics within the feedback. When requested by one commenter, “How about half to the US treasury and the opposite half to decrease the worth of pharmaceuticals?” Cuban replied, “Would not need to decide favorites. Everybody advantages from decrease debt.”
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One other commenter known as Cuban out for his earlier anti-meme coin stance. Cuban hit again with, “Simply making the purpose. If it is a grift. Make it a grift to profit all People.”
From Cuban’s posts and feedback, it is not utterly clear if he’s critical about this endeavor or if this was a thought train meant to make folks re-examine the notion of meme cash. One factor that’s utterly unambiguous, nevertheless, is Cuban’s disdain for the idea of meme cash: “Meme cash are shit cash,” he wrote in another post.