- Mark Cuban plans a memecoin with a 20% float and TRUMP-like terms, pledging all revenue to the US Treasury and ensuring transparency with a public wallet address.
- This comes on the same day Cuba criticized the crypto community’s reaction to TRUMP, saying such tokens offer little value and hurt the industry’s chances of legitimacy.
It’s 2025 and we have politicians, billionaires, and everyone else launching memecoins left and right. It’s a jungle out there, so get ready.
Following The crazy success of TRUMP In the market, Mark Cuban wants to join the game and announced that he will launch a memecoin that could help reduce the national debt.
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In a post on X, Cuban said his proposal includes a 20% float and a release schedule identical to that of the TRUMP coin:
If meme coins are the way to go, maybe I’ll issue one. With a touch of originality. Same terms as $TRUMP. 20% float. Same release schedule. One difference: all revenue from the sale of the coins goes to the U.S. Treasury.
Marc Cuban Cuban even pledged to remain transparent about the project, stating that he would release the Treasury portfolio address for public monitoring, reassuring participants that no “pump and dump” project is in progress. course and total transparency in project operations.
“Hello scam – Goodbye hope”
This comes on the same day he criticized the crypto community’s reaction to the TRUMP token, arguing that such tokens offer little to no value and emphasizing the importance of following regulatory rules no matter what.
Cuban noted that the industry had lost the opportunity to legitimize itself:
Hello to all scams aimed at everyone and everyone who has no idea about crypto. Goodbye, Whatever Hopes the Crypto Industry Has for Legitimizing Itself
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He criticized the team’s approach of bypassing the traditional initial public offering (IPO) process, as it removes investor protections and lacks clarity. He said:
Rather than changing the IPO process to accept crypto and give investors some understanding of what they are buying, all registration requirements simply disappeared.
Marc Cuban