Mark Cuban announces Trump-inspired meme coin to pay off US debt

Billionaire entrepreneur Mark Cuban has announced plans to launch a meme coin inspired by the $TRUMP token.

If meme coins were the way, they would probably issue them. With a twist. terms such as $trump . 20% float. The release schedule is also the same. There is one difference.

All proceeds from coin sales go to the U.S. Treasury. Your wallet address will be made public so anyone can track it.

What if…

— Mark Cuban (@mcuban) January 20, 2025

This project has a unique approach. All proceeds from coin sales are sent directly to the U.S. Treasury to help reduce the national debt.

The billionaire entrepreneur outlined his proposal for X, promising 20% ​​volatility and a launch schedule consistent with the $TRUMP coin.

“If meme coins were the way to go, we would probably issue them. With a twist. Same term as $TRUMP. 20% float. The release schedule is also the same. One difference is that all proceeds from the sale of the coins go to the U.S. Treasury,” Cuban wrote. “If you want to gamble, gamble. But at least use it to reduce American debt.”

In response to concerns from X user artchick.eth about potential investor losses and distribution issues, Cuban acknowledged the speculative nature of meme coins.

Artchick.eth also noted that the most successful meme coins today are community acquisitions, so they need time to build strong distribution and organic growth.

“We agree. This is why only Doge, Shiba Inu and a few others worked. This is about long-term community,” he said. “That’s not to say buyers won’t get compensation. They said it was a gamble. “It’s a game of musical chairs.”

Cuban promised transparency in the project, including releasing the Treasury’s wallet addresses for public tracking. “There are no promises. I don’t have a pump. We need full transparency,” he said.

The initiative marks a change in Cuba’s stance on meme coins, which it previously described as an “obvious uproar.”

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