The U.S. political stage is once again colliding with crypto. California Governor Gavin Newsom has announced plans to launch his own cryptocurrency, named “Trump Corruption”, as a direct jab at President Trump’s growing presence in the digital asset space. And weighing in is none other than Anatoly Yakovenko, founder of the Solana blockchain.
Yakovenko Recommends a Fair Launchpad
In a post on X, Yakovenko advised Newsom to use a fair protocol to debut the memecoin. He specifically highlighted Metaplex, a California-based tokenization firm, calling it an “excellent option.” He also mentioned Gavel and Meteor as possible alternatives.
Yakovenko’s advice came shortly after Newsom revealed on the Pivot podcast his intention to issue a coin that would rival the existing TRUMP token – itself a memecoin built on Solana.
A Political Memecoin as a Weapon
Newsom made it clear that the goal isn’t just financial experimentation, but also political theater. “We want to highlight the absurdity,” he said, describing Trump as “one of the great frauds” and arguing that the president’s crypto involvement is “not normal.”
When asked whether the coin could be named after himself (“Gavin Coin”), he was blunt: “No. It will be Trump Corruption Coin.”
If Newsom follows through, the showdown between two political memecoins – TRUMP vs. Trump Corruption – could capture the attention of both investors and voters.
Trump’s WLFI and Billions on Paper
While Newsom’s coin is still in the planning stages, Trump’s family already has results. World Liberty Financial (WLFI), the flagship token of their crypto project, has generated up to $5 billion in paper wealth, according to the Wall Street Journal.
This direct involvement of a sitting president with crypto has sparked backlash in Congress. Democrats have previously blocked crypto-related bills over Trump’s ties to digital assets. At one point, lawmakers even floated the “Stop Trump in Crypto” Act, which would bar the president, vice president, and members of Congress from engaging in crypto ventures.
Politics and Crypto – A Growing Intersection
Legal expert Jake Chervinsky recently warned that WLFI could complicate Senate approval of a major crypto regulatory bill. With seven Democratic votes needed for passage, the political cost of supporting pro-crypto legislation has become significantly higher.
🔥 Crypto is no longer just a financial experiment but a new weapon in America’s political battlefield. While Trump rallies behind WLFI and the TRUMP token, Newsom is preparing a counterstrike with Trump Corruption Coin – and the crypto world is watching closely to see which memecoin gains the upper hand.
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Solana Founder Advises Newsom: “Trump Corruption” Memecoin Should Launch Fairly
The U.S. political stage is once again colliding with crypto. California Governor Gavin Newsom has announced plans to launch his own cryptocurrency, named “Trump Corruption”, as a direct jab at President Trump’s growing presence in the digital asset space. And weighing in is none other than Anatoly Yakovenko, founder of the Solana blockchain.
Yakovenko Recommends a Fair Launchpad In a post on X, Yakovenko advised Newsom to use a fair protocol to debut the memecoin. He specifically highlighted Metaplex, a California-based tokenization firm, calling it an “excellent option.” He also mentioned Gavel and Meteor as possible alternatives. Yakovenko’s advice came shortly after Newsom revealed on the Pivot podcast his intention to issue a coin that would rival the existing TRUMP token – itself a memecoin built on Solana.
A Political Memecoin as a Weapon Newsom made it clear that the goal isn’t just financial experimentation, but also political theater. “We want to highlight the absurdity,” he said, describing Trump as “one of the great frauds” and arguing that the president’s crypto involvement is “not normal.” When asked whether the coin could be named after himself (“Gavin Coin”), he was blunt: “No. It will be Trump Corruption Coin.” If Newsom follows through, the showdown between two political memecoins – TRUMP vs. Trump Corruption – could capture the attention of both investors and voters.
Trump’s WLFI and Billions on Paper While Newsom’s coin is still in the planning stages, Trump’s family already has results. World Liberty Financial (WLFI), the flagship token of their crypto project, has generated up to $5 billion in paper wealth, according to the Wall Street Journal. This direct involvement of a sitting president with crypto has sparked backlash in Congress. Democrats have previously blocked crypto-related bills over Trump’s ties to digital assets. At one point, lawmakers even floated the “Stop Trump in Crypto” Act, which would bar the president, vice president, and members of Congress from engaging in crypto ventures.
Politics and Crypto – A Growing Intersection Legal expert Jake Chervinsky recently warned that WLFI could complicate Senate approval of a major crypto regulatory bill. With seven Democratic votes needed for passage, the political cost of supporting pro-crypto legislation has become significantly higher.
🔥 Crypto is no longer just a financial experiment but a new weapon in America’s political battlefield. While Trump rallies behind WLFI and the TRUMP token, Newsom is preparing a counterstrike with Trump Corruption Coin – and the crypto world is watching closely to see which memecoin gains the upper hand.
#solana , #TRUMP , #memecoin , #CryptoPolitics , #defi
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“