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Did Trump make billions with his meme-coin?
We investigate if the US president’s crypto is really worth tens of billions of dollars.
Just before being inaugurated as US president for the second time, Donald Trump launched something called a “meme-coin”.
This is a bespoke cryptocurrency token featuring a picture of Donald Trump. A billion of them may eventually be created.
Newspaper headlines claimed that the Trump meme-coin had made the president billions of dollars wealthier. But it is far from clear that this is the case.
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