California Governor Gavin Newsom to Launch Satirical ’Trump Corruption’ Memecoin

California Governor Gavin Newsom plans to escalate his political satire of former President Donald TRUMP by launching a memecoin dubbed 'Trump Corruption.' The initiative, revealed during his guest appearance on the 'Pivot' podcast, aims to parody Trump's online persona—including his penchant for capital letters and AI-generated heroic imagery.

The coin will fund Newsom's Campaign for Democracy, supporting redistricting efforts and grassroots organizing. Though framed as satire, the project underscores deeper concerns about U.S. democracy. Newsom joked about alternative names like 'Smelt,' a nod to reports of Trump's cologne, and hinted at crowdsourcing ideas for a perfume line.

The memecoin directly counters Trump-themed digital assets, such as the 'OFFICIAL TRUMP' token. No exchanges or existing coins were mentioned in connection with the project.