Donald Trump's business ventures over the years have showcased his ability to capitalize on his name for profit. From airlines to reality TV, he rarely invests his own money and instead profits from licensing agreements. His newest venture into cryptocurrency, the meme coin $TRUMP, allows him to profit significantly, earning millions as speculators trade the coin. While he leveraged media fame in earlier businesses, this new approach poses risks due to potential foreign influence and has further increased the Trump family's wealth by nearly $3bn.
Trump's foray into cryptocurrency underscores the ways he can leverage the presidency for personal gain by exploiting his sense of impunity.
With the launch of the $TRUMP coin, Trump and his family can collect millions from speculators, potentially allowing them to gather funds from foreign investors.
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