Is This Shadowy Figure The Brains Behind Trump’s 600% Overnight Crypto Explosion

Remember Ready Player One? The dystopian Spielberg flick where people escaped their pathetic reality by living in a fully immersive virtual world? Well, if you squint hard enough, you might notice we’re creeping dangerously close to that future… except instead of VR headsets and Easter egg hunts, we’ve a POTUS launching his own memecoin just days before his inauguration.

And the internet is already going crazy with conspiracy theories about who masterminded it. The prime suspect? None other than the President’s insanely tall son, Barron Trump. (Because, let’s face it, this wouldn’t be his first time in the crypto shadows).

On Friday night, at what can only be described as a Crypto Ball (yes, Trump threw a gala for crypto enthusiasts in Washington), $TRUMP was born. By Saturday morning, the coin had skyrocketed over 600%, giving Trump an estimated paper fortune of $25 billion. For a man who once called Bitcoin a “scam,” that’s a pretty convenient change of heart. Let’s break it down. $TRUMP debuted at a humble $0.18 but quickly soared to over $32, giving it a fully diluted market cap of $32 billion. For context, that’s more than the GDP of Iceland, created in the snap of a finger.

The biggest eyebrow raiser is that about 80% of the coin is owned by entities tied to the Trump Organization, including something called Fight Fight Fight LLC. (Because what else would you name a company after you yelled those words at a rally post-assassination attempt?) This setup ensures the Trump team has full control of the meme coin’s destiny, but due to a three-year unlocking schedule, they can’t dump their holdings all at once.

Internet sleuths are pointing fingers at Trump’s youngest son, Barron, as the brains behind this operation. And honestly? It wouldn’t be a stretch. Barron’s rumored gaming skills and quiet fascination with tech have sparked whispers of his involvement in Trump’s earlier ventures, including the NFT trading cards (remember those cringy superhero ones?). If anyone in the Trump camp understands blockchain better than “it’s like digital gold, right?”, it’s probably Barron.

Not everyone’s clinking glasses to celebrate. Former Trump aide Anthony Scaramucci compared the launch to “Idi Amin-level corruption” (a comparison to the Ugandan dictator infamous for turning his government into a playground for personal enrichment). Journalist Aaron Rupar slammed it as a “pretend money grift,” and Mary Trump accused her uncle of building a “parallel economy” to milk his base. Of course, the crypto community is split between hype and skepticism, with some questioning if the coin’s historic rise is sustainable… or if it’s just another Trump-branded cash grab.

Trump has already promised to make cryptocurrency a “national priority” once he’s in office, with bold claims of turning the U.S. into “the crypto capital of the planet.” Visionary? Maybe. A setup for meme-worthy chaos? Absolutely. Between $TRUMP’s overnight success, MAGA merch drops, and a potential blockchain-backed economy, we’re inching closer to a Ready Player One-esque reality. Except this time, the “game” feels rigged, and Trump’s holding the controller.

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