BlockBeats News, August 31st, according to Cointelegraph's report, California Governor Gavin Newsom recently revealed plans to launch a cryptocurrency named "Trump Corruption Coin" in direct response to Donald Trump's controversial behavior in the crypto space, especially with meme coins.
Gavin Newsom stated on the "Pivot" podcast that this meme coin named after Trump's alleged scandals is part of his larger "Campaign for Democracy" initiative, with funds raised to be used for redistricting and voter outreach.
Gavin Newsom said in the interview, "We're about to launch a meme coin. Trump, you'll see whose coin is more popular, yours or ours."
When asked if it would be called "Gavin Coin," he replied, "No, it's called Trump Corruption Coin."
He added, "We just want to increase the hype and make people aware of the absurdity of this situation." Gavin Newsom referred to Trump as "one of the biggest con artists of our time" and stated, "None of this is normal."