Mark Cuban Considers Launching a Memecoin Inspired by TRUMP Token, Plans to Donate Revenue to US Treasury

The recent launch of the TRUMP and MELANIA tokens, catalyzed by President Donald Trump and First Lady Melania Trump, has ignited a mix of excitement and caution within the memecoin and broader cryptocurrency community.

Billionaire investor Mark Cuban is considering launching his own memecoin, inspired by the recent surge in memecoins sparked by President Donald Trump and First Lady Melania Trump.

In a recent social media post, Cuban hinted at the possibility of creating his own memecoin, saying, “If memecoins are the way, maybe I’ll issue one.” His announcement has sparked interest among crypto enthusiasts, especially as he mentioned that his memecoin would follow the parameters of Trump’s TRUMP memecoin.

Cuban plans to implement a 20% float and follow a similar release schedule, with one key difference: all potential revenue generated from the sale would be directed to the US Treasury. For transparency, Cuban also said that the wallet address will be publicly available, allowing anyone to follow the funds.

“If you want to gamble, gamble. But at least use it to make a dent in the US debt,” Cuban said, highlighting a growing narrative among some investors that memecoins could serve a dual purpose—providing both entertainment and potential benefits to broader societal issues. However, Cuban’s proposal has faced some skepticism.

In response to Cuban's announcement, a user on X (formerly Twitter) expressed concern about the ethics of launching a memecoin, suggesting that Cuban could be accused of exploiting information asymmetry at the coin’s launch. The user highlighted that the price of the supposed memecoin would be determined by supply and demand dynamics, starting from almost zero, and cautioned Cuban against proceeding without careful consideration.

Undeterred by the criticism, Cuban defended his understanding of the memecoin landscape, saying, “It’s not hard to put it together. I never have thought about doing a meme coin. Wouldn’t be hard at all.”

The back-and-forth dialogue continued, with the user asserting that creating a sustainable memecoin that benefits long-term holders is a difficult task. He further argued that successful memecoins typically arise from community-driven initiatives rather than top-down launches, and warned that the hype around a celebrity-backed launch could promote short-term trading instead of fostering an organic community.

Cuban concluded the conversation by highlighting the role of community in the longevity of memecoins, citing examples like Dogecoin (DOGE) and Shiba Inu (SHIB), which have flourished thanks to their strong communities.

“I’m not saying buyers won’t get rekt. I said it was gambling. It’s a game of musical chairs. No promises. No pumps by me. Just complete transparency,” he said.

At the time of writing, the TRUMP memecoin is trading at $44,778, showing a 14% recovery in the past 24 hours after dropping over 50% from the peak of around $79 reached over the weekend.