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President-elect\u00a0Donald Trump<\/a><\/strong> is set to be sworn in for a second term in the White House. On Monday, January 20, Trump and his vice president-elect, J.D. Vance<\/a><\/strong>, will be joined by supporters and a few celebrity performers<\/a> to celebrate the occasion<\/a> taking place in Washington D.C.<\/p>\n As his inauguration begins, read on to learn more about his net worth, his recently launched meme coin, and his\u00a0past indictments<\/a>.<\/p>\n As of January 20, Trump is worth approximately $6.7 billion, according to Forbes<\/em><\/a>.<\/p>\n Trump launched a meme coin\u2014$TRUMP\u2014on Friday, just days before his inauguration.<\/p>\n \u201cMy NEW Official Trump Meme is HERE!\u201d Trump posted on X<\/a> Friday. \u201cIt\u2019s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to http:\/\/gettrumpmemes.com<\/a> \u2014 Have Fun!\u201d<\/p>\n The $TRUMP meme coin initially sold for $10 each before soaring to nearly $70 by Sunday morning. However, its value sharply declined later that day after Melania Trump<\/strong><\/a>\u00a0announced her own coin<\/a>.<\/p>\n The Official Melania Meme is live!<\/p>\n You can buy $MELANIA now.\u00a0\u00a0https:\/\/t.co\/mgSwtOQYnq<\/a><\/p>\n FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P pic.twitter.com\/o2V9BQx2zG<\/a><\/p>\n \u2014 MELANIA TRUMP (@MELANIATRUMP) January 19, 2025<\/a><\/p>\n<\/blockquote>\n As of Monday morning, the coin is valued at around $51, with a market cap of approximately $10.3 billion, according to CoinMarketCap<\/a>.<\/p>\n Potential concerns have been raised about the incoming President and First Lady launching meme coins, which are often volatile and part of a crypto industry that typically begins as a joke with little to no real value. Critics have warned that the Trump meme coin could present a risky opportunity for special interests and foreign governments to attempt to gain influence with the president.<\/p>\n \u201cNow anyone in world can essentially deposit money into bank account of President of USA with a couple clicks,\u201d\u00a0Anthony Scaramucci<\/strong>, a former Trump White House communications director,\u00a0said on\u00a0X<\/a><\/span>.<\/p>\n The website selling the tokens emphasizes that they are intended as expressions of support, not investment opportunities.<\/p>\n Trump was first indicted in March 2023 by the Manhattan District Attorney on state charges related to a hush-money payment made during the final days of the 2016 presidential election. His then-attorney, Michael Cohen<\/strong>, paid adult film star Stormy Daniels<\/strong><\/a> $130,000 to keep quiet about an alleged affair.<\/p>\n On May 30, 2024, Trump was found guilty on all 34 counts of falsifying business records in the first degree by a jury of 12. During the trial, Daniels testified about their alleged sexual affair, which Trump has denied.<\/p>\n Nearly a year after his conviction, on Friday, January 10, 2025, Trump attended his sentencing virtually. Judge Juan Merchan<\/strong> granted him an \u201cunconditional discharge<\/a>,\u201d meaning he was released from further legal obligations without any additional punishment (e.g., prison time). While the conviction remains on his record, Trump will not face further penalties.<\/p>\n Despite being the first president in U.S. history to be convicted, Trump is still eligible to serve another term as president<\/a>. The U.S. Constitution does not bar a convicted individual from holding the office of president.<\/p>\n \n\t\t<\/div>\nWhat Is Donald Trump\u2019s Net Worth?<\/h2>\n
Did Trump Launch a Meme Coin?<\/h2>\n
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What Are the Concerns About Trump\u2019s Involvement with Meme Coins?<\/h2>\n
Was Trump Convicted?<\/h2>\n