TLDR
- Newsom announced plans for Trump Corruption Coin during a podcast interview.
- Trump disclosed $57.4M income from crypto token sales earlier this year.
- Marinade Finance unrelated token NEWSOM predates the governor’s coin idea.
- Trump-themed memecoin holds a $1.6B market cap but is down 88% from its peak.
California Governor Gavin Newsom has teased the launch of a parody cryptocurrency named “Trump Corruption Coin.” The proposed memecoin is aimed at mocking former President Donald Trump’s growing involvement with digital assets, according to remarks made during a podcast interview.
Newsom Teases Trump-Themed Meme Coin
California Governor Gavin Newsom has announced plans for a parody cryptocurrency called “Trump Corruption Coin.” Speaking on the “Pivot” podcast, he said the token will be tied to his “Campaign for Democracy” initiative, with proceeds directed toward redistricting and voter outreach.
“We’re about to put a meme coin out,” Newsom said. “And you know what, Donald Trump? We’ll see how well your coin does versus our coin.” When asked if the token would be named after him, he clarified: “No, it’s a Trump Corruption Coin.”
The governor framed the project as satire, describing Trump as “one of the great grifters of our time.” He said the effort was intended to draw attention to what he views as ethical concerns surrounding Trump’s financial activities.
Trump’s Growing Crypto Wealth
The remarks come as Trump’s own crypto-related ventures continue to generate large sums. In a 2025 public financial disclosure, Trump reported $57.4 million in income from token sales tied to World Liberty Financial. The filing listed his holdings at 15.75 billion governance tokens.
His company, Trump Media and Technology Group, also reported more than $2 billion in Bitcoin and other digital assets. Earlier this year, Trump hosted a private dinner for supporters who purchased his branded cryptocurrency.
A report from The New Yorker estimated that Trump has made $2.4 billion from crypto-related ventures since 2022, with such income now accounting for nearly 44% of his post-presidency wealth.
Parody Strategy and Public Reaction
Newsom’s announcement fits into a broader campaign of parodying Trump’s branding style. In recent weeks, he has posted satirical all-caps statements on his press office’s official X account, echoing Trump’s social media persona. He also launched merchandise resembling “MAGA” hats but with slogans supporting his own policies.
The proposed Trump Corruption Coin is positioned as a satirical counterweight to Trump’s own token activity. However, Newsom has not released details such as network choice, token supply, or contract address. He confirmed the concept surfaced publicly on August 27 and said the launch was intended for the near term.
Online responses have been mixed, ranging from praise for the humor to concerns about blending politics with cryptocurrency. Some commentators questioned whether a parody token could confuse investors or blur lines between political messaging and financial products.
Context of Political Tokens
The official Trump-themed token currently holds a market capitalization of $1.6 billion, although it is down 88% from its peak. Other politically linked memecoins such as MELANIA and PEOPLE have struggled to maintain value, with only a few still actively traded.
A Solana-based token labeled NEWSOM has been tracked on third-party platforms but is unrelated to the governor’s proposed coin.
If launched, Trump Corruption Coin would add to the growing intersection of politics, satire, and cryptocurrency, illustrating how tokens are being used not only for speculation but also as tools in political messaging.
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