The Panic About Trump’s New Coin Is Overwrought

The Panic About Trump’s New Coin Is Overwrought
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Jeffrey A. Tucker
Updated:
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Commentary

Last week saw every manner of wailing and gnashing of teeth about the so-called meme coin of the Trump campaign called $TRUMP. It was created three days before the inauguration, soared to a $50 billion market cap, and settled down, with half the owners new to the crypto market.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at tucker@brownstone.org