Billionaire Mark Cuban has suggested an unconventional solution to chip away at the U.S. national debt: a memecoin. Inspired by President Donald Trump’s recently launched Official TRUMP token, Cuban proposed issuing a similar token, but with one twist—all revenue would go toward reducing the country’s staggering $36 trillion debt.
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Cuban floated the idea on Jan. 21, noting the token would share Trump’s terms and release schedule. “If you want to gamble, gamble,” he said, adding that it would at least make “a dent in the U.S. debt.” He even proposed making the wallet address public for transparency.
Memecoin Mania Meets Reality
While Cuban’s idea may seem tongue-in-cheek, it highlights the growing intersection of memecoins and U.S. politics. Trump’s Official TRUMP token peaked at a $14.5 billion market cap before plunging by nearly 50%. Similarly, Melania Trump’s Official MELANIA token saw its debut valuation drop from $6 billion to $680 million, according to CoinGecko.
Even if Cuban’s proposed token matched Trump’s initial success, it would barely scratch the surface of the national debt, reducing it by just 0.03%. Realistically, the actual impact would be even smaller, as token values typically decline when sold.
Although the idea isn’t a serious policy proposal, Cuban’s memecoin pitch emphasizes the immense scale of the debt problem—and the creative, if impractical, solutions it inspires.
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