Mark Cuban Plans Meme Coin to Aid US Treasury
- Mark Cuban proposes a meme coin with a 20% float, similar to the $TRUMP coin.
- All revenue from the coin’s sales will go to the US Treasury.
- The project aims for transparency by publishing the Treasury’s wallet address for public tracking.
- Cuban acknowledges the speculative nature of meme coins and compares them to gambling.
- The initiative marks a shift in Cuban’s previous stance on meme coins as “an obvious hustle.”
Billionaire Mark Cuban announced plans for a meme coin that mirrors the $TRUMP token, with all proceeds directed to the US Treasury. He emphasizes transparency and acknowledges its speculative nature, marking a change from his earlier views on meme coins.
Source (2.6)https://cryptobriefing.com/meme-coin-debt-relief/?rand=59535