The post Is Trump Launching a New Coin? TMTG Teases Token Debut as Traders Turn Bullish appeared on BitcoinEthereumNews.com. The crypto market could be set to seeThe post Is Trump Launching a New Coin? TMTG Teases Token Debut as Traders Turn Bullish appeared on BitcoinEthereumNews.com. The crypto market could be set to see

Is Trump Launching a New Coin? TMTG Teases Token Debut as Traders Turn Bullish

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The crypto market could be set to see another Trump-affiliated coin through one of its firms. Trump Media hinted that its token is set to make its debut in the market joining other tokens already related to the President.

TMTG Confirms Launch Plans for New Trump-Linked Coin

In a recent press release, Trump Media and Technology Group (DJT) reaffirmed its goal to launch a new token. They reiterated that each share owned by the DJT shareholders will be replaced by one digital token. Further. The digital token is anticipated to function using the Cronos blockchain.

The firm had earlier announced last month that they would be distributing new DJT tokens for its investors. This is being conducted in partnership with Crypto.com. Notably, the disclosure has raised speculations that the new Trump coin would be available to retail as well.

Many crypto traders are now looking to position themselves for gains seen in previous coins launched by the President’s affiliated firm. For instance, the first linked token to President Trump was launched just before he was inaugurated in January 2025.

At the time, this coin was trading close to $75.00 with a market cap of $27 billion. However, this token declined by over 90%, trading as low as $5.00 as 2025 came to a close. Many are hoping to make a gain like that with the new DJT coin.

Also, when the World Liberty Financial token launched last year, it saw a remarkable rise in price before eventually dropping by 51% from its previous highs. These historical facts have kept the market on edge on when the new Trump-linked coin could potentially launch.

U.S President Crypto Empire Grows

The new speculation comes as the Trump family continues to expand its crypto empire. The President has always maintained that he is very much interested in the development of the crypto space in the United States.

Notably, his crypto businesses have made significant strides in increasing their product offerings. For example, World Liberty Financial made a move to establish its national bank. This is to increase the adoption of the Trump-linked coin WLFI and the stablecoin USD1.

Meanwhile, most of its developments have not come without scrutiny. Just recently, WSJ said that the WLFI firm made a secret deal of $500 million with the UAE to boost the firm’s capital, while in exchange sold advanced AI chips to them.

The President came out recently to dismiss the claims of his involvement. He shared that most of the deals are handled independently by stakeholders of the firm. This includes his sons and allies.

Source: https://coingape.com/is-trump-launching-a-new-coin-tmtg-teases-token-debut-as-traders-turn-bullish/

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