{"id":49460,"date":"2025-09-02T12:42:15","date_gmt":"2025-09-02T09:42:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49460"},"modified":"2025-09-02T12:46:00","modified_gmt":"2025-09-02T09:46:00","slug":"california-governor-to-launch-meme-coin-mocking-trump","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/california-governor-to-launch-meme-coin-mocking-trump\/","title":{"rendered":"California Governor to Launch Meme Coin Mocking Trump"},"content":{"rendered":"<p>California Governor Gavin Newsom has announced the launch of the <span data-descr=\"Trump's corruption coin\" class=\"old_tooltip\">Trump Corruption Coin<\/span>. He revealed this during the Pivot podcast.\u00a0<\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/ynVFmrY8Un8?si=UNC2mDb_xruBfal2\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are about to release a meme coin, and you know what, Donald Trump? Let&#8217;s see how your coin performs against ours,\u201d the politician declared.<\/p>\n<\/blockquote>\n<p>According to him, Trump Corruption Coin would be the \u201cperfect name\u201d for the asset.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201c[Trump] is one of the greatest fraudsters of our time. It&#8217;s simply astonishing,\u201d Newsom added.\u00a0<\/p>\n<\/blockquote>\n<p>The governor stated that his token would \u201coutperform TRUMP.\u201d The latter <a href=\"https:\/\/forklog.com\/en\/news\/what-to-know-about-donald-trumps-memecoin-surge-supply-and-industry-impact\">was launched<\/a> in January on Solana. At the time of writing, its market capitalization stands at $1.6 billion, with a price of $8.4.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"603\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.37.54-1024x603.png\" alt=\"Screenshot 2025-09-02 at 12.37.54\" class=\"wp-image-264898\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.37.54-1024x603.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.37.54-300x177.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.37.54-768x452.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.37.54-1536x905.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.37.54-2048x1207.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of TRUMP\/USDT on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3ATRUMPUSDT\">TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n<p>Newsom frequently mocks Trump on social media, posting \u201cmeme\u201d videos about the president.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/RgI4WMPH7m\">pic.twitter.com\/RgI4WMPH7m<\/a><\/p>\n<p>\u2014 Gavin Newsom (@GavinNewsom) <a href=\"https:\/\/twitter.com\/GavinNewsom\/status\/1962013414420828541?ref_src=twsrc%5Etfw\">August 31, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The California governor also writes posts in a style characteristic of the politician\u2014using capital letters and many exclamation marks.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">EXCEPT WHAT IS WRITTEN AND BROADCAST IN THE FAKE NEWS, I NOW HAVE THE HIGHEST POLL NUMBERS I\u2019VE EVER HAD, SOME IN THE 60\u2019S AND EVEN 70\u2019S. THANK YOU. MAKE AMERICA GAVIN AGAIN!!! \u2014 GCN<\/p>\n<p>\u2014 Governor Newsom Press Office (@GovPressOffice) <a href=\"https:\/\/twitter.com\/GovPressOffice\/status\/1959802491849306461?ref_src=twsrc%5Etfw\">August 25, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Following Newsom&#8217;s announcement, the market was flooded with fake Trump Corruption Coin tokens. The largest of these has a market capitalization exceeding $168,000.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"499\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.33.44-1-1024x499.png\" alt=\"Screenshot 2025-09-02 at 12.33.44\" class=\"wp-image-264901\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.33.44-1-1024x499.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.33.44-1-300x146.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.33.44-1-768x374.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.33.44-1-1536x748.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.33.44-1.png 1750w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.geckoterminal.com\/ru\">GeckoTerminal<\/a>.\u00a0<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Trump in the Crypto Market<\/h2>\n<p>Cryptocurrencies have become a major focus of the Trump administration. However, beyond <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-enacts-stablecoin-legislation\">supporting<\/a> regulatory initiatives, the president and his family are actively involved in the market.\u00a0<\/p>\n<p>In June, it was revealed that the politician <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-earns-over-57-million-from-world-liberty-financial-tokens\">earned<\/a> over $57 million from the sale of tokens from the World Liberty Financial project. On September 1, the WLFI coin was listed on major crypto exchanges, including Binance and Bybit. In the first few hours, the asset&#8217;s market capitalization <a href=\"https:\/\/forklog.com\/en\/news\/wlfi-market-capitalisation-reaches-8-3-billion-following-exchange-listing\">exceeded<\/a> $8.3 billion.\u00a0<\/p>\n<p>At the time of writing, the figure has adjusted to $6.8 billion. The token&#8217;s price has dropped by 11.5% in 24 hours, to $0.24.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"464\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.40.04-1024x464.png\" alt=\"Screenshot 2025-09-02 at 12.40.04\" class=\"wp-image-264903\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.40.04-1024x464.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.40.04-300x136.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.40.04-768x348.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.40.04-1536x696.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-12.40.04-2048x928.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/en\/coins\/world-liberty-financial\">CoinGecko<\/a>.\u00a0<\/figcaption><\/figure>\n<p>Previously, the company behind Trump&#8217;s social network, Truth Social, <a href=\"https:\/\/forklog.com\/en\/news\/truth-social-files-for-crypto-blue-chip-etf\">filed<\/a> an application with the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> for an ETF registration based on cryptocurrency &#8220;blue chips.&#8221; Another firm associated with the president, Trump Media, <a href=\"https:\/\/forklog.com\/en\/news\/trump-media-to-raise-2-5bn-to-buy-bitcoin\">announced<\/a> raising $2.5 billion to purchase bitcoins.\u00a0<\/p>\n<p>In the spring, Trump <a href=\"https:\/\/forklog.com\/en\/news\/trumps-gala-for-trump-token-holders-sparks-calls-for-guest-list-disclosure\">hosted<\/a> a gala dinner for TRUMP holders. Among the participants were TRON founder Justin Sun, Magic Eden CEO Jack Lu, and BitMart head Sheldon Xia. The cost of attending the dinner ranged from $55,000 to $37.7 million.<\/p>\n<p>Back in May, Democrats <a href=\"https:\/\/forklog.com\/en\/news\/trumps-crypto-ventures-under-scrutiny-for-conflict-of-interest\">accused<\/a> Republicans of ignoring the U.S. president&#8217;s conflict of interest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>California Governor Gavin Newsom announced the launch of the Trump Corruption Coin meme coin. <\/p>\n","protected":false},"author":1,"featured_media":49461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"He called the U.S. president \"the greatest fraudster of our time.\"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,1161],"class_list":["post-49460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-memes"],"aioseo_notices":[],"amp_enabled":true,"views":"304","promo_type":"1","layout_type":"1","short_excerpt":"He called the U.S. president \"the greatest fraudster of our time.\"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=49460"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49460\/revisions"}],"predecessor-version":[{"id":49462,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49460\/revisions\/49462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/49461"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=49460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=49460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=49460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}