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Trump Family Doubles Down on Crypto as Thumzup Shifts to Dogecoin Mining—Here’s Why It Matters

Trump Family Doubles Down on Crypto as Thumzup Shifts to Dogecoin Mining—Here’s Why It Matters

Author:
Coindesk
Published:
2025-08-20 07:41:23
15
1

Trump Family Expands Crypto Bets as Thumzup Pivots Into Dogecoin Mining

Trump's inner circle just placed another big bet on digital assets—and this time, it's all about the meme.

Thumzup, previously known for its social rewards platform, is pivoting hard into Dogecoin mining. The move signals a growing appetite for alternative crypto strategies beyond Bitcoin and Ethereum.

Why Dogecoin? Because sometimes the market rewards the bold—and the slightly ridiculous. While Wall Street analysts scratch their heads, crypto-native traders see the logic: high visibility, Elon Musk’s occasional endorsements, and a community that treats 'to the moon' as a business plan.

It’s a classic play: find an undervalued asset with cult-like appeal, then mine it while the big funds are still debating whether it’s a 'real' investment. Thumzup’s shift isn’t just a business decision—it’s a middle finger to traditional finance’s risk models.

And the Trump family’s involvement? That’s the cherry on top. Love him or hate him, the man moves markets—and now he’s moving mining rigs. Because nothing says 'financial innovation' like betting on a joke that outlived its punchline.

|Square

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