California Governor Newsom Launches Satirical ’Trump Corruption Coin’ as Political Meme Crypto
California Governor Gavin Newsom has unveiled a meme cryptocurrency dubbed 'Trump Corruption Coin,' positioning it as a satirical jab at Donald Trump's involvement in the digital asset space. The coin, part of Newsom's Campaign for Democracy, aims to critique what he describes as political grifting while funding initiatives to counter Trump's influence.
Proceeds from the token will support voting rights advocacy and redistricting reform. Newsom framed the project as a humorous yet pointed commentary on the intersection of politics and crypto. 'Let’s see how well your coin does compared to ours,' he challenged TRUMP during an appearance on the Pivot podcast.
The initiative follows Newsom's history of political parody, including merchandise bearing slogans like 'Make America Gavin Again.' Unlike Trump's crypto ventures, which market themselves as investment products, the governor's token leans into absurdity as a rhetorical device.