Snoop from a crypto ball before the inauguration featuring Snoop Dogg to a new crypto task force just launched today by the SEC supporters of the digital currency are hoping the president's promised Golden Age extends to them the rain of terror against crypto is over and now after using his Trump brand to sell everything from stakes and vodka to sneakers and bibles the president promoting his company's newly launched Trump meme coin I don't know much about it other than I launched it I heard it was very successful those tokens usually pegged to internet Trends or celebrity
endorsers holding only the value Traders put in it at one point the Trump coin rocketing from $65 dollar to more than 72 today trading closer to $45 a coin a similar coin named for Melania launched just yesterday there was this promise that Trump would usher in a time of uh at least thoughtful debate what the concern now is is that launching a meme coin is one of those corners of crypto that is taken less seriously and ethics experts concerned about conflicts of interest and the Trump family enriching themselves off these coins he has the power
now not only to be making money but he's actually going to be in position to be making determinations around that entire sector I'm laying out my plan to ensure that the United States will be the crypto capital of the planet and the Bitcoin superpower of the world for the president an evolution from just three years ago Bitcoin I I just seems like a scam president Trump pointing to the influence of his son Baron Baron knows so much about this right Eric and he's Baron's a young guy but he knows he the support so far for
crypto now sending its most widely known currency Bitcoin to near record highs thanks for watching stay updated about breaking news and top stories on the NBC News app or follow us on social media
