Close Menu
    Trending
    Bitcoin News

    Mark Cuban Ponders Creating A Meme Coin Akin To TRUMP Coin With Proceeds To Pay Of US National Debt

    Team_DailyCryptoNewsBy

    [ad_1]

    The proprietor of the Dallas Mavericks basketball group, Mark Cuban, has spoken about launching a meme coin much like $TRUMP. Nevertheless, Cuban says all proceeds would go towards paying off the US nationwide debt, which at present stands at over $36 trillion.

    The tech billionaire posted on X on 20 January 2025 about his meme coin concept as a option to gamble but additionally to “make a dent within the US debt.” The star of the enterprise actuality TV present, Shark Tank, mentioned the TRUMP and MELANIA tokens have been dangerous to the crypto business.

    Discover: Bitcoin Hits New Record High! BTC Rises 6% To Surge Past $109,000

    Tech-Tycoon Flirts With The Concept Of Creating A Meme Coin To Chip Away At The US $36 Trillion Debt

    He went on to say that if he have been to launch a meme coin, the proceeds would go towards serving to repay the ever-growing nationwide debt.

    “If meme cash are the way in which, possibly I’ll situation one,” Cuban mentioned on X this week. He went on to say that his concept would have the identical phrases and launch schedule as Trump’s coin however with one vital distinction.

    “All of the income from the sale of the cash go to the US Treasury,” he posted. “If you wish to gamble, gamble. However no less than use it to make a dent within the US Debt.”

    It’s unclear whether or not Cuban is critical about creating his personal digital asset. After his tirade of posting on social media, Cuban replied to at least one X person’s remark with “After all I gained’t,” with regard to launching a meme coin.

    The tech tycoon has lengthy championed crypto as a disruptive know-how, highlighting a must deal with the tech equivalent to good contracts reasonably than token costs.

    Cuban Basically Referred to as The President’s TRUMP Coin A “Grift”

    Mark Cuban is a Shark Tank investor and a minority proprietor of the Dallas Mavericks basketball group. He earned his fortune by promoting his Broadcast.com startup to Yahoo throughout the dot-com bubble.

    In the course of the Presidential marketing campaign, Cuban was a vocal supporter of Kamala Harris whereas being a fierce critic of Trump, with the 2 frequently buying and selling jibes with each other.

    Cuban posted on X that the TRUMP and MELANIA meme cash are harming the cryptocurrency business.

    “If you would like crypto to develop and set up worth and utility that really advantages the issuer and the customer, then the very last thing you wish to see is shit cash being issued by FLOTUS and POTUS,” the billionaire mentioned.

    In a reply to a touch upon his meme coin publish, Cuban took a shot on the TRUMP token, primarily calling it a grift. “Everybody advantages from decrease debt,” he mentioned to at least one commenter, earlier than saying to a different, “If it’s a grift. Make it a grift to learn all People.”

    Prior to now twenty years, the US nationwide debt has practically tripled to a report $36 trillion. In a post-COVID world, tnterest charges have additionally surged, resulting in a significant rise within the federal authorities’s annual curiosity funds to above $1 trillion.

    BONUS: Launch Day For Flockerz: Much less Than Two Hours Remaining To Purchase FLOCK At Itemizing Value Earlier than It Hits The Open Market

    The Flockerz (FLOCK) presale concludes in lower than two hours after an unimaginable increase that has seen over $14 million in early-stage funding for the undertaking.  There’s nonetheless an opportunity to safe a bag of FLOCK on the public itemizing worth as soon as it hits the exchanges.

    This worth nonetheless represents a strong funding as hyped token launches are likely to spike in worth upon launch. The itemizing worth for FLOCK sits at $0.0066883 and lots of throughout the group are anticipating a 10x return as soon as it hits the open market.

    Flockerz stands out as a result of on account of its hilarious blue chook theme. The undertaking’s web site even encompasses a digital comedian e-book that expands the Flockerz universe, nevertheless there’s extra to FLOCK than simply being a meme coin.

    Flockerz’s major characteristic is its Vote-to-Earn system powered by a DAO (decentralized autonomous group). Buyers of FLOCK can receives a commission simply by serving to to form the undertaking’s future.

    Each time token holders participate in governance, they get extra FLOCK tokens, irrespective of how they vote. Voting can happen for a lot of causes; whether or not to implement a buy-back and burn of tokens, whether or not to pay for alternate listings, simply to call a number of.

    To safe a bag of FLOCK at itemizing worth, shortly head to the Flockerz website, join your pockets (e.g. Best Wallet), and buy $FLOCK utilizing ETH, BNB, USDT, or a financial institution card.

    Keep up-to date on the most recent developments by connecting with the Flockerz group on X and Telegram.

    You too can obtain Finest Pockets on Google Play or the Apple App Store to see Flockerz within the Upcoming Tokens part.

    Go to the Flockerz Presale Website

    EXPLORE: Inside Eric Trump Crypto Tax Masterplan: Best US-Based Crypto Coins To Buy?

    Join The 99Bitcoins News Discord Here For The Latest Market Updates

    The publish Mark Cuban Ponders Creating A Meme Coin Akin To TRUMP Coin With Proceeds To Pay Of US National Debt appeared first on 99Bitcoins.



    [ad_2]

    Source link

    Related Posts