President-elect Donald Trump is ready to be sworn in for a second time period within the White Home. On Monday, January 20, Trump and his vice president-elect, J.D. Vance, will likely be joined by supporters and some movie star performers to have fun the event happening in Washington D.C.
As his inauguration begins, learn on to study extra about his internet price, his not too long ago launched meme coin, and his previous indictments.
What Is Donald Trump’s Internet Price?
As of January 20, Trump is price roughly $6.7 billion, in keeping with Forbes.
Did Trump Launch a Meme Coin?
Trump launched a meme coin—$TRUMP—on Friday, simply days earlier than his inauguration.
“My NEW Official Trump Meme is HERE!” Trump posted on X Friday. “It’s time to have fun all the pieces we stand for: WINNING! Be part of my very particular Trump Group. GET YOUR $TRUMP NOW. Go to http://gettrumpmemes.com — Have Enjoyable!”
The $TRUMP meme coin initially bought for $10 every earlier than hovering to just about $70 by Sunday morning. Nevertheless, its worth sharply declined later that day after Melania Trump introduced her personal coin.
The Official Melania Meme is stay!
You should purchase $MELANIA now. https://t.co/mgSwtOQYnq
FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P pic.twitter.com/o2V9BQx2zG
— MELANIA TRUMP (@MELANIATRUMP) January 19, 2025
As of Monday morning, the coin is valued at round $51, with a market cap of roughly $10.3 billion, in keeping with CoinMarketCap.
What Are the Considerations About Trump’s Involvement with Meme Cash?
Potential issues have been raised concerning the incoming President and First Girl launching meme cash, which are sometimes unstable and a part of a crypto business that sometimes begins as a joke with little to no actual worth. Critics have warned that the Trump meme coin may current a dangerous alternative for particular pursuits and overseas governments to try to achieve affect with the president.
“Now anybody in world can primarily deposit cash into checking account of President of USA with a pair clicks,” Anthony Scaramucci, a former Trump White Home communications director, mentioned on X.
The web site promoting the tokens emphasizes that they’re supposed as expressions of help, not funding alternatives.
Was Trump Convicted?
Trump was first indicted in March 2023 by the Manhattan District Legal professional on state expenses associated to a hush-money fee made through the remaining days of the 2016 presidential election. His then-attorney, Michael Cohen, paid grownup movie star Stormy Daniels $130,000 to maintain quiet about an alleged affair.
On Might 30, 2024, Trump was discovered responsible on all 34 counts of falsifying enterprise information within the first diploma by a jury of 12. Through the trial, Daniels testified about their alleged sexual affair, which Trump has denied.
Almost a 12 months after his conviction, on Friday, January 10, 2025, Trump attended his sentencing just about. Decide Juan Merchan granted him an “unconditional discharge,” which means he was launched from additional authorized obligations with none further punishment (e.g., jail time). Whereas the conviction stays on his report, Trump is not going to face additional penalties.
Regardless of being the primary president in U.S. historical past to be convicted, Trump remains to be eligible to serve one other time period as president. The U.S. Structure doesn’t bar a convicted particular person from holding the workplace of president.
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