The proprietor of the Dallas Mavericks basketball staff, Mark Cuban, has spoken about launching a meme coin just like $TRUMP. Nonetheless, Cuban says all proceeds would go towards paying off the US nationwide debt, which at the moment stands at over $36 trillion.
The tech billionaire posted on X on 20 January 2025 about his meme coin concept as a method to gamble but additionally to “make a dent within the US debt.” The star of the enterprise actuality TV present, Shark Tank, mentioned the TRUMP and MELANIA tokens had been dangerous to the crypto business.
If meme cash are the best way, possibly I’ll concern one. With a twist. Similar phrases as $TRUMP . 20% float. Similar launch schedule. One distinction.
All of the income from the sale of the cash go to the US Treasury. The pockets deal with will probably be revealed so everybody can monitor it.
If…
— Mark Cuban (@mcuban) January 20, 2025
Discover: Bitcoin Hits New Document Excessive! BTC Rises 6% To Surge Previous $109,000
Tech-Tycoon Flirts With The Thought Of Creating A Meme Coin To Chip Away At The US $36 Trillion Debt
He went on to say that if he had been to launch a meme coin, the proceeds would go towards serving to repay the ever-growing nationwide debt.
“If meme cash are the best way, possibly I’ll concern one,” Cuban mentioned on X this week. He went on to say that his concept would have the identical phrases and launch schedule as Trump’s coin however with one important distinction.
“All of the income from the sale of the cash go to the US Treasury,” he posted. “If you wish to gamble, gamble. However not less than use it to make a dent within the US Debt.”
It’s unclear whether or not Cuban is critical about creating his personal digital asset. After his tirade of posting on social media, Cuban replied to 1 X person’s remark with “After all I received’t,” with regard to launching a meme coin.
The tech tycoon has lengthy championed crypto as a disruptive know-how, highlighting a have to give attention to the tech equivalent to sensible contracts reasonably than token costs.
Cuban Primarily Referred to as The President’s TRUMP Coin A “Grift”
Mark Cuban is a Shark Tank investor and a minority proprietor of the Dallas Mavericks basketball staff. He earned his fortune by promoting his Broadcast.com startup to Yahoo through the dot-com bubble.
Throughout the Presidential marketing campaign, Cuban was a vocal supporter of Kamala Harris whereas being a fierce critic of Trump, with the 2 commonly buying and selling jibes with each other.
Cuban posted on X that the TRUMP and MELANIA meme cash are harming the cryptocurrency business.
“If you’d like crypto to develop and set up worth and utility that really advantages the issuer and the customer, then the very last thing you need to see is shit cash being issued by FLOTUS and POTUS,” the billionaire mentioned.
In a reply to a touch upon his meme coin put up, Cuban took a shot on the TRUMP token, basically calling it a grift. “Everybody advantages from decrease debt,” he mentioned to 1 commenter, earlier than saying to a different, “If it’s a grift. Make it a grift to profit all People.”
Prior to now twenty years, the US nationwide debt has almost tripled to a report $36 trillion. In a post-COVID world, tnterest charges have additionally surged, resulting in a serious rise within the federal authorities’s annual curiosity funds to above $1 trillion.
BONUS: Launch Day For Flockerz: Much less Than Two Hours Remaining To Purchase FLOCK At Itemizing Value Earlier than It Hits The Open Market
The Flocks partying till the final minute!
14M Raised!
pic.twitter.com/tyWtFk7ZoI
— Flockerz (@FlockerzToken) January 26, 2025
The Flockerz (FLOCK) presale concludes in lower than two hours after an unimaginable elevate that has seen over $14 million in early-stage funding for the mission. There may be nonetheless an opportunity to safe a bag of FLOCK on the public itemizing value as soon as it hits the exchanges.
This value nonetheless represents a stable funding as hyped token launches are inclined to spike in value upon launch. The itemizing value for FLOCK sits at $0.0066883 and lots of inside the group are anticipating a 10x return as soon as it hits the open market.
Flockerz stands out as a result of resulting from its hilarious blue hen theme. The mission’s web site even encompasses a digital comedian e-book that expands the Flockerz universe, nonetheless there’s extra to FLOCK than simply being a meme coin.
Flockerz’s essential characteristic is its Vote-to-Earn system powered by a DAO (decentralized autonomous group). Buyers of FLOCK can receives a commission simply by serving to to form the mission’s future.
Each time token holders participate in governance, they get extra FLOCK tokens, irrespective of how they vote. Voting can happen for a lot of causes; whether or not to implement a buy-back and burn of tokens, whether or not to pay for trade listings, simply to call just a few.
To safe a bag of FLOCK at itemizing value, shortly head to the Flockerz web site, join your pockets (e.g. Finest Pockets), and buy $FLOCK utilizing ETH, BNB, USDT, or a financial institution card.
Keep up-to date on the newest developments by connecting with the Flockerz group on X and Telegram.
You too can obtain Finest Pockets on Google Play or the Apple App Retailer to see Flockerz within the Upcoming Tokens part.
Go to the Flockerz Presale Web site
EXPLORE: Inside Eric Trump Crypto Tax Masterplan: Finest US-Primarily based Crypto Cash To Purchase?
Be a part of The 99Bitcoins Information Discord Right here For The Newest Market Updates
The put up Mark Cuban Ponders Creating A Meme Coin Akin To TRUMP Coin With Proceeds To Pay Of US Nationwide Debt appeared first on 99Bitcoins.
