Mark Cuban Ponders Creating A Meme Coin Akin To TRUMP Coin With Proceeds To Pay Of US National Debt

Dallas Mavericks basketball team owner Mark Kobe has talked about launching a meme coin similar to the $Trump. However, Cuban says all proceeds will go toward paying off the US national debt, which is currently over $36 trillion.

The tech billionaire posted on The star of the business reality TV show, Shark Tank, said Trump and Melania Tokens were harmful to the crypto industry.

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Tech-tycoon is crawling with the idea of ​​creating a meme coin to model it on $36 trillion in debt

He went on to say that if he were to launch a meme coin, the proceeds would go toward helping pay off the ever-increasing national debt.

“If coins are the way, maybe I’ll issue one,” Kobe said on X this week. He went on to say that his idea would have the same terms and timeline as Trump’s coin but with a major difference.

“All proceeds from the sale of coins go to the US Treasury,” he posted. “If you want to gamble, gamble. But at least use it to make a dent in US debt.”

It is unclear whether Cuban is serious about creating his own digital assets. After happening to post on social media, Cuban responded to one user

Tech Tycoon has long championed Crypto as a disruptive technology, highlighting the need to focus on technology like smart contracts rather than token prices.

Cuban basically called President Trump’s coin “Griff”

Mark Cuban is a shark tank investor and minority owner of the Dallas Mavericks basketball team. He earned his fortune by selling Broadcast.com to Yahoo during the Dot-Com bubble.

During the presidential campaign, Cuban was a vocal supporter of Kamala Harris while being a fierce critic of Trump, with the two regularly trading off against each other.

Cubans posted on X that Trump and Melania Mimi coins are hurting the cryptocurrency industry.

“If you want Crypto to grow and prove value and utility that truly benefits the issuer and buyer, the last thing you want are coins issued by Flotus and Potus,” the billionaire said.

In a response to a comment on the Coin Post meme, Kobe took a shot at the Trump symbol, essentially calling it grte. “Everyone benefits from lower debt,” he told one commenter, before telling another: “Make it great for all Americans.”

In the past 20 years, the US national debt has nearly tripled to $36 trillion. In the post-sink world, Tnterest rates have also soared, sending the federal government’s annual interest payments soaring to over $1 trillion.

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The post Mark Cuban Creates Meme Coin Akin to Trump’s Currency with Proceeds to Pay US National Debt appeared first on 99bitcoins.

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