Crypto markets surged and Trump launched meme coins worth billions.
Evidence
Under Trump, the crypto community saw immediate gains. Bitcoin prices skyrocketed. Trump and Melania both launched their own meme coins;
Trump had a market cap of14.5 billion at its peak. — W. David Marx, Blank Space, 837
Categorization
- XREF: connects to: Cryptocurrency’s engineered scarcity converts success as a currency into a pyramid scheme. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 688