No, Trump did not become an overnight ‘crypto billionaire’
- President Donald Trump launched meme coins $TRUMP and $MELANIA, which are cryptocurrencies endorsed by him and his wife.
- The $TRUMP coin's value peaked at about $72 billion, with 80% controlled by two affiliates of the Trump Organization.
- Trump's fortune is estimated at just over $6 billion, primarily from real estate and his stake in Truth Social.
- Experts caution against labeling Trump a 'crypto billionaire' due to the speculative nature and volatility of cryptocurrencies.
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Coverage Details
Total News Sources0
Leaning Left2Leaning Right1Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 22%
C 67%
11%
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