{"id":9493,"date":"2025-09-02T08:08:02","date_gmt":"2025-09-02T08:08:02","guid":{"rendered":"https:\/\/bitunikey.com\/news\/gavin-newsom-trolls-trump-with-memecoin-parody\/"},"modified":"2025-09-02T08:08:08","modified_gmt":"2025-09-02T08:08:08","slug":"gavin-newsom-trolls-trump-with-memecoin-parody","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/gavin-newsom-trolls-trump-with-memecoin-parody\/","title":{"rendered":"Gavin Newsom trolls Trump with memecoin parody"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Californian Governor Gavin Newsom plans to launch a meme coin that directly parodies President Trump\u2019s own TRUMP token. Newsom says the token will be called \u201cTrump Corruption.\u201d<\/p>\n<div id=\"cn-block-summary-block_8f8bac9995a465a33df98ce0f718ed4c\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Californian governor Gavin Newsom wants to launch a meme coin to rival the official TRUMP meme coin.<\/li>\n<li>Newsom has been on the offensive by delving into Trump\u2019s realm, starting with Truth Social and now aiming for cryptocurrencies.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The Californian governor Gavin Newsom continues his crusade to troll the president at every turn. This time he shifts gears from using social media posts to coming after Trump on a different turf, by diving into the world of cryptocurrencies.<\/p>\n<p>While co-hosting an episode of the tech, business and politics podcast, Pivot, with journalist Kara Swisher, Gavin Newsom revealed his next big plan to troll the president. <\/p>\n<p>\u201cWe\u2019re about to put a meme coin out and you know what, Donald Trump, we\u2019ll see how well your coin does versus our coin,\u201d said Newsom on the YouTube <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=ynVFmrY8Un8\" target=\"_blank\">video<\/a> for Pivot.<\/p>\n<p>Although no launch date has been announced yet, Gavin Newsom stated that the token will be called the \u201cTrump Corruption\u201d coin. However, he did consider naming the token \u201cSmelt,\u201d inspired by how Trump has been described a having a strong odor by several news outlets.<\/p>\n<p>The announcement comes just a few days ahead of the Trump-backed project, World Liberty Financial token launch which has taken the crypto community by storm. In fact, the Trump family amassed more than $5 billion in net worth following the debut of WLFI.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>As one of the first Democratic politicians to join Truth Social, Newsom explained to Swisher that his team is prepared to go all out in their attack against Trump. So far, Newsom has also launched merchandise with slogans like \u201cMake America Gavin Again\u201d and selling faux bibles that parody the ones that Trump\u2019s team has sold.<\/p>\n<p>\u201cThat\u2019s when we just said, \u2018We\u2019re on the other side of this. And we told the team, \u2018it\u2019s no permission slip now, not even forgiveness. You just go and we go hard, and we don\u2019t stop,\u201d he said.<\/p>\n<h2 class=\"wp-block-heading\">Gavin Newsom\u2019s troll strategy<\/h2>\n<p>According to his interview with Pivot, Newsom encourages his team to try new things to criticize the Trump administration. In particular, he\u2019s gearing towards attacking the president of the United States by mimicking the moves that he\u2019s made in the public and digital sphere.<\/p>\n<p>\u201cI mean, we\u2019re just trying to turn up the heat. And tune people into the absurdity,\u201d said Newsom.<\/p>\n<p>With regards to the Trump Corruption meme coin, he said that all proceeds from the token will go to his \u201cCampaign for Democracy.\u201d<\/p>\n<p>\u201cAll of [the proceeds] will go to our Campaign for Democracy. They go for this effort on redistricting. They go into our effort to continue to raise awareness and communicate and organize,\u201d said Newsom.<\/p>\n<h2 class=\"wp-block-heading\">TRUMP price analysis<\/h2>\n<p>If Gavin Newsom wants to launch a token that can surpass the Trump\u2019s token, it would have to perform better than the official TRUMP (TRUMP) meme coin. This means it would have to surpass the current all-time high of $73.43. It would also need to accumulate a market cap equal to or more than $1.6 billion during its trade.<\/p>\n<p>However, it could benefit from a strong launch that could outperform TRUMP as it is currently on a downtrend.<\/p>\n<p>At press time, TRUMP has experienced a sharp decline of more than 5% in the past 24 hours. In the past hour, it appears to be testing resistance near $9.20, with the price dropping by roughly 11% in a single move, pulling back toward $8.34. <\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Price chart for the official TRUMP meme coin | Source: TradingView<\/figcaption><\/figure>\n<p>The Relative Strength Index sits near 42, reflecting weakened momentum but not yet entering oversold territory. This suggests that sellers currently dominate the market, though consolidation around the $8.20\u2013$8.40 zone indicates possible short-term support. <\/p>\n<p>If the TRUMP meme coin fails to hold up within the $8.20 range, it could extend losses further below $8.00, while recovery attempts would need to reclaim $8.70 before it attempts to reach the $9.00 zone again.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Californian Governor Gavin Newsom plans to launch a meme coin that directly parodies President Trump\u2019s own TRUMP token. Newsom says the token will be called \u201cTrump Corruption.\u201d Summary Californian governor&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=9493"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9493\/revisions"}],"predecessor-version":[{"id":9494,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9493\/revisions\/9494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/7166"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=9493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=9493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=9493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}