The United States former first family has tweeted a fraudulent alert about a so-called TrumpCoin. Eric Trump, former US President Donald Trump’s son, said the TrumpCoin has nothing to do with the Trump Family. Eric took to a Twitter post to say the meme coin is not authorized and they will be taking legal action.
According to the portal trump coin. global, TrumpCoin is tied with the patriots and brings a sense of pride to the community. It stands against corruption, supports integrity, and preserves individual rights in a free society. The TrumpCoin community respects flags and represents freedom. It says to stand firmly against leftist groups and intimidation.
The TrumpCoin is powered by a series of worldwide master nodes called PatriotNodes. It protects and monitors the network via its proof-of-stake (PoS) system. The portal says that users can store their tokens, that is TrumpCoin, on their personal computer, or on an exchange. There is also a TrumpCoin wallet that offers secure storage for the tokens. The meme coin, as per CoinMarketCap, has a market capitalization of around $1.5 million and a circulating supply of a little more than 6.6 million coins.
Analysts expect a price surge for the TrumpCoin because of Eric Trump’s tweet and the news wave that has followed. It has been down by 9.43% in the last 24-hours. Furthermore, the TrumpCoin, according to CoinMarketCap, describes itself as a cryptocurrency that supports the Trump administration. Donald Trump has been a critic of cryptocurrency