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Cryptocurrency News Articles
Shark Tank's Mark Cuban suggests a "twist" in meme coin towards helping the US debt
Feb 08, 2025 at 07:04 am
According to the Shark Tank investor Mark Cuban, there is a way for everyone to help make a "dent" in the US debt
Shark Tank investor Mark Cuban took to X (formerly Twitter) to share a post regarding a potential way of helping to make a "dent" in the US debt, involving a twist in "meme coins."
Entrepreneurs may recall the meme coin Doland Trump ($Trump), which was launched earlier this year on January 17, 2025. Shortly after its release, the market value for $Trump reached around $14.5 billion by January 19, a day before his inauguration.
Now, Cuban has shared a Tweet that seems to suggest a "twist" with which he wanted to help with the US Debt.
Shark Tank's Mark Cuban suggests a "twist" in meme coin towards helping the US debtShark Tank investor Mark Cuban recently shared a post via X (formerly Twitter) about helping and making a "dent" in the US Debt using a twist in "meme coins." Entrepreneurs must be aware of Doland Trump's meme coin, also called $Trump, launched earlier this year on January 17, 2025.
Soon after its release, the overall market value for $Trump reached around $14.5 billion by January 19, a day before his inauguration. Referring to the meme coins, Mark Cuban shared a Tweet suggesting a "twist" with which he wanted to help with the US Debt.
Shark Tank investor's Tweet on January 21, 2025, stated:
As per Cuban's Tweet, there is a way for everyone to help make a "dent" in the US debt, which he suggested would be through a meme coin that is released on a schedule, much like the $Trump meme coin.
However, Cuban mentioned one key difference, which is that the revenue generated from the sale of this meme coin would go to the US Treasury.
For those who might be wondering how to track this, the investor also had thoughts on that.
Mark stated that the "wallet addressed" would also be published. Hence, there would be total transparency. As a result, everyone can keep track of everything, including transactions.
After he shared his thoughts about a potential way of helping with the US debt, it received tons of comments from X users, fans, entrepreneurs, and more. The investor also interacted with some of them.
When journalist Brian Krassenstein suggested dividing the revenue between the US treasury and lowering the "price of prescription drugs," Mark replied:
Another user inquired about ensuring transparency and "trust in the process" and how individuals would know that the generated revenue was "truly" going to the US treasury. The Shark Tank mentor replied:
According to the US Treasury, the US national debt has reached $36.22 trillion. After Mark shared the Tweet, it sparked a debate among X users and received reactions from many entrepreneurs and individuals.
Entrepreneurs must know how Donald Trump's $Trump meme coin gained 1000% growth in the first two days.
Fans can catch Mark Cuban on Shark Tank's latest episodes, released every Friday on Hulu.
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