The tongue-in-cheek token is set to fund voter outreach and redistricting efforts under Newsom’s Campaign for Democracy. Speaking on the […] The post Memecoins Get Political: California Governor to Launch Token Targeting Trump’s Crypto Wealth appeared first on Coindoo.The tongue-in-cheek token is set to fund voter outreach and redistricting efforts under Newsom’s Campaign for Democracy. Speaking on the […] The post Memecoins Get Political: California Governor to Launch Token Targeting Trump’s Crypto Wealth appeared first on Coindoo.

Memecoins Get Political: California Governor to Launch Token Targeting Trump’s Crypto Wealth

2025/09/01 01:02

Banner magacoin finance

The tongue-in-cheek token is set to fund voter outreach and redistricting efforts under Newsom’s Campaign for Democracy.

Speaking on the Pivot podcast, the governor said the coin was designed as a parody of Trump’s controversial crypto ventures, which have become a central piece of his post-presidency wealth.

Rather than presenting the initiative as a standard campaign fundraiser, Newsom cast it as a pointed satire. “Trump has turned crypto into another grift,” he said, suggesting the coin would highlight what he called the absurdity of Trump’s self-branding as the “crypto president.”

Trump’s Deep Crypto Ties

Trump has quietly become one of the most crypto-entangled political figures in U.S. history. Financial filings show he earned more than $57 million through World Liberty Financial, where he holds billions of governance tokens.

READ MORE:

Pi Network: Can the Price Crash to $0 in 2026?

Investigations from outlets like The New Yorker estimate his total crypto-related profits at $2.4 billion since 2022, accounting for nearly half of his personal fortune.

In addition to personal memecoins and NFTs, Trump’s media company claims to hold over $2 billion in Bitcoin and other digital assets, solidifying his image as a crypto power player. That embrace has fueled concerns among critics who see conflicts of interest at the highest levels of government.




The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Memecoins Get Political: California Governor to Launch Token Targeting Trump’s Crypto Wealth appeared first on Coindoo.

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$5.377
$5.377$5.377
+1.05%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Tom Lee: Bitmine is about to launch an app.

Tom Lee: Bitmine is about to launch an app.

PANews reported on January 17th that, according to Beincrpto, Bitmine Chairman Tom Lee announced at a recent shareholder meeting that the company is about to launch
Share
PANews2026/01/17 14:02
Gate Alpha launches its 46th Points Lucky Draw event, where you can claim ARBs for a limited time.

Gate Alpha launches its 46th Points Lucky Draw event, where you can claim ARBs for a limited time.

PANews reported on January 17th that Gate Alpha launched its 46th round of the Points Lucky Draw on January 17th at 14:00 (UTC+8). Users with ≥ 100 Gate Alpha Points
Share
PANews2026/01/17 14:07
How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48