Former President Donald Trump of the United States. announced the release of his first authorized “Official Trump Coins,” a commemorative silver medal priced at $100.
Former President Donald Trump has announced the release of his first authorized “Official Trump Coins,” a commemorative silver medal priced at $100.
The Official Trump Coins are not legal tender or financial investment instruments. There were recent rumors that he launched a meme coin, which were branded as fake news.
The Official Trump Coins are for collector’s purposes only and bear no intention to be used for trade or sale. Each of the medals weighs one ounce, contains 99.9% pure silver, and has a portrait of Trump on the front with an image of the White House on the back. It comes in a special felt bag and includes a certificate of authenticity. Fans are allowed to join a waitlist on the official website, RealTrumpCoins.com, to purchase the coin.
Trump's Growing Involvement in Cryptocurrency The latest move into commemorative coins by Trump is part of a wider involvement with cryptocurrency, having declared support for digital currencies. He went as far as to call himself the “Crypto President.” The latest foray into the world of DeFi will be his project entitled World Liberty Financial. That is a platform intended to let people borrow and lend a host of cryptocurrencies on the Ethereum network.
Although the details on World Liberty Financial are still limited, Trump’s son explained that the project was aimed at presenting an opportunity to get financial deals for people who often find it difficult to obtain bank loans and other major financial instruments.
Trump himself has demonstrated interest in any potential perks emanating from DeFi, a position wholly aligned with his very public support of cryptocurrencies earlier this year. In a recent campaign stop in New York, he garnered press attention by paying for food with Bitcoin.
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