Trump Pledges To 'Make Sure You Can' Donate Using Crypto To His 2024 Campaign — Unwittingly Sends Memecoin Parodying Biden Surging

Aniket Verma

May 09, 2024

Former President Donald Trump delivered a notable endorsement of cryptocurrencies during a campaign speech on Wednesday and unwittingly sent a meme coin inspired by his arch-political rival surging after commenting on the digital token.

What Happened: In a video shared on X by non-fungible token influencer Frank DeGods, Trump can be seen addressing a large crowd at an NFT event at his Mar-a-Lago residence in Florida, saying, “Can we donate to the Trump campaign using crypto? I believe the answer is yes.”

“If you can’t, I’ll make sure you can,” he said.

BREAKING: DONALD TRUMP ASKED "CAN WE DONATE USING CRYPTO?"

"IF YOU CANT, I'LL MAKE SURE YOU CAN" pic.twitter.com/Nm2YjqxwSI
— Frank (33.3%) (@frankdegods) May 9, 2024

Another social media user shared a video clip where he appears to be questioning Trump on how he plans to retain cryptocurrency firms within the U.S. In response, Trump asserted, “We'll stop it because I don't want it. If we're going to embrace it, we have to let them be here.” The audience reacted with applause to Trump’s statement.

i asked donald trump how he's going to keep crypto businesses in america.

sounds bullish 🇺🇸 pic.twitter.com/rvuztPmQ8P
— Malcolm (33.3%) (@macdegods) May 9, 2024

See Also: How to Buy Bitcoin (BTC)

Trump also took a jab at his competitor, President Joe Biden, expressing skepticism about his understanding of cryptocurrencies. Towards the end of the video, Trump emphasized, “If you're in favor of crypto, you better vote for Trump.”

Trump also commented on Jeo Boden (CRYPTO: BODEN), a token that misspells President Biden's name, saying, “I don't like that investment.” But the token surged over 14% following the former president’s remark.

Why It Matters: Trump’s crypto portfolio is worth over $5.6 million, as per a recent report, mostly comprising MAGA Coin (CRYPTO: TRUMP), Ethereum (CRYPTO: ETH), Wrapped Ether and other memecoins, obtained through the sale of NFT projects using his name and likeness.

Some also believe this could help him pay the hundreds of millions in fines he has racked up in ongoing legal cases.

The former president throughout his 2024 campaign has openly shown his softening stance on Bitcoin (CRYPTO: BTC), although he has said the dollar remains his favorite currency.

Cryptocurrency owners, however, seem to favor him over Biden, as per recent surveys.

British multinational bank Standard Chartered this week predicted positive prospects for the cryptocurrency sector if Trump secures another term in office.

This stance sharply contrasts with the Biden administration’s actions, vetoing legislation that would have permitted reputable financial institutions to hold Bitcoin and other cryptocurrencies.

NEW: 🇺🇸 President Biden threatens to veto legislation that would allow regulated financial institutions (trusted custodians) to custody #Bitcoin and crypto. pic.twitter.com/LYlvj8zJSI
— Bitcoin Archive (@BTC_Archive) May 8, 2024

Read Next: Robinhood Reports 3X Jump In Crypto Volume, Executives Say ‘Business As Usual’ Despite SEC Wells Notice

Image via Shutterstock

Recommended

Trump Signs Law to Launch Dollar 2.0 - Ad

The Market Just Crossed a Dangerous Line - Ad

Buy This Gold Stock Before the New Year - Ad

WASHINGTON (AP) — The Democratic senators — eight in total — faced almost instant blowback from members of their own party as to allow the Senate to move forward on that would reopen the government.

Ethiopian volcano subsides, leaving a trail of disruption and canceled flights

ADDIS ABABA, Ethiopia (AP) — Volcanic activity in northern Ethiopia’s long-dormant Hayli Gubbi volcano subsided Tuesday after an over the weekend that left a trail of destruction in nearby villages and caused flight cancellations after ash plumes disrupted high-altitude flight paths.

The U.S. Wants Metal Independence - And This Nevada Opportunity Fits the Moment

The U.S. Wants Metal Independence - And This Nevada Opportunity Fits the Moment - Ad

Washington's push for domestic copper, silver, gold, and tungsten is reshaping the resource landscape. Their neighbor's multi-metal hits, supported by $6M in federal funding and a 300%+ YTD surge, confirmed this Nevada corridor is the right kind of ground. Now another early-stage explorer has stepped into the same trend as interest accelerates.

Trump attacks ABC News correspondent Mary Bruce in angry response to three sharp questions

NEW YORK (AP) — President Donald Trump denounced ABC News' Mary Bruce as a “terrible reporter” Tuesday and threatened the network's license to broadcast after she asked him three sharp questions at the White House.

These are the 37 donors helping pay for Trump's $300 million White House ballroom

WASHINGTON (AP) — President Donald Trump says his $300 million White House ballroom will be paid for “100% by me and some friends of mine.”

Elon's Optimus to Mint New "Musk Millionaires" as Soon as Jan 26?

Elon's Optimus to Mint New "Musk Millionaires" as Soon as Jan 26? - Ad

Elon Musk may be set to create more "Musk Millionaires" as soon as January 26... Because on that day, he's expected to officially launch his Optimus robot... An AI-powered robot that Elon himself says will be capable of "doing anything bar nothing". Now, it's important to point out that Elon hasn't released it to the public yet... But ahead of the launch, one Silicon Valley insider has identified a "backdoor way" for any American to invest in Optimus with a regular brokerage account...

Cipher Mining Stock Pops As JPMorgan Moves To Overweight

Cipher Mining shares are rising Monday after JPMorgan upgraded the stock to Overweight and raised its price target to $18.

Trump Withdraws Support For 'Wacky' Marjorie Taylor Greene In Sudden, Fiery Split: 'I Can't Take...'

President Donald Trump said he is withdrawing his endorsement of longtime ally Rep. Marjorie Taylor Greene — here's what happened.

Why Are 21 Billionaires Moving Their Money ASAP?

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." It could cut the entire tech marketing by HALF.

Hours After Marjorie Taylor Greene's Public Rebuke, Trump Responds With Restraint: 'She's A Nice Person'

President Trump has changed his perspective on MTG after her unexpected resignation from Congress.

AT&T reached a $177M data breach settlement. What consumers should know about claiming their money

NEW YORK (AP) — AT&T has reached a combined $177 million settlement over two . And impacted consumers have a little over a month left to file a claim for their chunk of the money.

Legally "Skim" $6,361 Into Your Account?

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

Quantum Computer That Could 'Hack Everyone's Crypto': Why Eric Jackson Is Betting On BTQ Technologies As His Next 100-Bagger

Eric Jackson names BTQ his next 100-bagger, betting it can stop quantum computers from "hacking everyone's crypto."

Consumer confidence slides as Americans grow wary of high costs and sluggish job gains

WASHINGTON (AP) — U.S. consumers were much less confident in the economy in November in the aftermath and amid and stubborn inflation.

Global Demand for Defense Metals Is Surging 7X

Global Demand for Defense Metals Is Surging 7X - Ad

Lithium, uranium and titanium are at the center of a global race. Nations are scrambling to secure them for fighter jets, EVs, and reactors. One N. American project could help fill the West's critical-minerals gap.

Autopilot App, Inspired by Pelosi's Stock Trades, Now Manages $1 Billion

Autopilot, an application that monitors the stock trades of prominent individuals, has secured $8 million in funding to broaden its operations.

Dogecoin Grayscale ETF Set To Debut As Shiba Inu Burn Rate Surges 1,152%

Dogecoin (CRYPTO: DOGE) and Shiba Inu

Gold Is Surging Again - But This Nevada Opportunity Offers Much More Than Gold

Gold Is Surging Again - But This Nevada Opportunity Offers Much More Than Gold - Ad

Gold has been on an incredible run as investors search for safety, inflation hedges, and real assets with staying power. But this Nevada opportunity isn't just another gold story. The region is showing potential across copper, silver, gold, and tungsten - a rare mix tied to electrification, AI demand, and U.S. supply-chain needs.

At 101, WWII veteran Irving Locker has become a songwriter

NASHVILLE (AP) — In a life filled with milestones, Irving Locker celebrated a new, unexpected one last week: He became a published songwriter.

Some Social Security Recipients Won't Have To Wait Until 2026 For COLA Hike

Social Security and SSI recipients will receive a 2.8% cost-of-living adjustment in 2026, with SSI beneficiaries seeing the increase a day earlier due to a federal holiday.

If You Hold Any Dollars in Your Bank Account, Read This...

If You Hold Any Dollars in Your Bank Account, Read This... - Ad

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

Bitcoin's Crash Below $100,000 Isn't The End: Wall Street Vet Says: 'We Have To Get Through This'

For the first time since July, Bitcoin (CRYPTO: BTC) fell below $100,000 on Tuesday as the crypto sell-off saw $1.7 billion in liquidations in 24 hours.

Iran confirms seizure of oil tanker in the Strait of Hormuz

TEHRAN, Iran (AP) — Iran on Saturday confirmed as it traveled through the narrow Strait of Hormuz over violations including carrying an illegal consignment, state media reported.

Trump Signs Law to Launch Dollar 2.0

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

China announces restrictions on chemicals after deal with Trump on fentanyl tariffs

WASHINGTON (AP) — China said Monday it is making good on its pledge to crack down on chemicals that can be used to make fentanyl, a key issue for President during recent talks with Chinese leader as they aimed to .

Bill Ackman's Amazon Trade Reverses Course – Now Up $119 Million And Counting In Third Quarter

Amazon.com was one of the biggest bets by Bill Ackman in the second quarter. After Q3 earnings, the position is now up since the end of Q2.

The Market Just Crossed a Dangerous Line

The Market Just Crossed a Dangerous Line - Ad

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

Trump administration moves to loosen restrictions it once supported on a harmful pollutant

WASHINGTON (AP) — Near the end of his first term, President Donald Trump signed into law a bill that and air conditioners. The bipartisan measure brought environmentalists and major business groups into rare alignment on the contentious issue of climate change and won praise across the political spectrum.

Trump may become the face of economic discontent, a year after such worries helped him win big

WASHINGTON (AP) — President got a serious that he’s out of touch with their fears about a deteriorating U.S. economy.

Buy This Gold Stock Before the New Year

Buy This Gold Stock Before the New Year - Ad

America is about to see a massive shift in how regular people buy and store gold. Next year, the world's largest gold buyer is expected to launch a new way for everyday Americans to invest in gold with a simple tap on their phone - and it could go live in 2026. When it does, a tiny gold stock trading around $1.60 could explode.

Trump Administration Wins Temporary Supreme Court Reprieve In Fight Over Billions In SNAP Payments For 42 Million Americans

The Supreme Court temporarily froze a lower court ruling that had compelled the Trump administration to immediately provide full federal food benefits to roughly 42 million Americans.

iPhone Pocket, China Sales, $600 Million Patent Case And More: This Week In Appleverse

Apple made headlines this weekend with a record-breaking TV drama, a viral new accessory, surging iPhone 17 sales in China, and a major $600 million patent ruling.

The U.S. Wants Metal Independence - And This Nevada Opportunity Fits the Moment

The U.S. Wants Metal Independence - And This Nevada Opportunity Fits the Moment - Ad

Tempus AI Stock (TEM) Slides 6% Overnight: Here's Why The Stock Is Trending

Tempus AI shares fell 6.02% in after-hours trading Tuesday following its third-quarter earnings report.

Rivian Automotive CEO Gets An Elon Musk-Style Pay Raise

Rivian CEO's new pay plan could be worth up to $4.6 billion over the next ten years.

Elon's Optimus to Mint New "Musk Millionaires" as Soon as Jan 26?

Elon's Optimus to Mint New "Musk Millionaires" as Soon as Jan 26? - Ad

Buy Now Pay Later Can Torpedo Mortgage Chances

BNPL services like Affirm, Klarna, Afterpay, and PayPal Pay Later are popular but can hurt mortgage approval. Lenders scrutinize bank statements and debt-to-income ratio, and new credit models include BNPL data. Loan officers warn of multiple plans inflating DTI.

Amazon's $150 Billion AI Capex Surge Could Force Its First Big Bond Deal In Years

Amazon may need to tap Wall Street for funds as it faces rising AI and data center spending, despite sitting on $84 billion in cash.

Why Are 21 Billionaires Moving Their Money ASAP?

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

Deep in Trump country, coal miners with black lung say government is suffocating the 'working man'

OAK HILL, W.Va. (AP) — Lisa Emery loves to talk about her “boys.” With each word, the respiratory therapist’s face softens and shines with pride. But keep her talking, and it doesn’t take long for that passion to switch to hurt. She knows the names, ages, families and the intimate stories of each one’s scarred lungs. She worries about a whole community of West Virginia coal miners — including a growing number in their 30s and 40s — who come to her for help while getting sicker and sicker from what used to be considered an old-timer’s disease: black lung.

Trending Now