
On 20th January, Billionaire investor and Shark Tank star Mark Cuban posted on X.com, formerly Twitter, that he could launch a meme coin similar to the one President Donald Trump rolled out but would send the proceeds from token sales to the US Treasury to lower the national debt.
"If meme coins are the way, maybe I'll issue one. With a twist. Same terms as $TRUMP. 20% float. Same release schedule. One difference. All the revenue from the sale of the coins go to the US Treasury. The wallet address will be published so everyone can track it," the billionaire added. "If you want to gamble, gamble. But at least use it to make a dent in the US Debt. You in?"