Did Trump make billions with his meme-coin?

More or Less: Behind the Stats

BBC

Business, Mathematics, Science, News Commentary, News

4.6 • 3.5K Ratings

🗓️ 25 January 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Just before being inaugurated as US president for the second time, Donald Trump launched something called a “meme-coin”. This is a bespoke cryptocurrency token featuring a picture of Donald Trump. A billion of them may eventually be created.

Newspaper headlines claimed that the Trump meme-coin had made the president billions of dollars wealthier. But it is far from clear that this is the case. Presenter: Charlotte McDonald Producer: Lizzy McNeill Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Mike Etherden Editor: Richard Vadon

Transcript

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0:00.0	Hello, I'm Greg Jenner. I'm the host of Your Dead to Me, where the best names in comedy and history
0:05.5	join me to learn about and laugh at the past. You are a traitor. And in the new series, we'll meet
0:11.2	Aristotle. I think he might have been a time traveller. Someone who's like almost a glitch.
0:15.3	We'll dive into the causes of the British Civil Wars in the 1600s. In England at this period,
0:19.8	there's people can't get on the housing ladder.
0:21.5	This sounds familiar.
0:23.2	And we'll discover the arts and crafts movement.
0:25.3	I love the clothes.
0:26.3	I love the vibe.
0:27.1	Yes, we're a comedy show that takes history seriously and then laughs at it.
0:30.5	You're dead to me.
0:31.3	Listen first on BBC Sounds.
0:33.1	Hello, and thank you for downloading the more or less podcast with a program that looks
0:37.4	at the numbers in the news.
0:39.0	And I'm Charlotte McDonald.
0:45.9	It's been a busy week for Donald Trump.
0:48.3	The office of president of the United States.
0:50.3	He was sworn in as the 47th president of the United States, signed a wallop of executive orders.
0:55.7	The golden age of America begins right now.
0:58.9	And launched his own currency.
1:01.4	Well, a currency of sorts.
1:04.1	Yes, Donald Trump has released something called a meme coin.
	...

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