The post California gov Gavin Newsom to launch memecoin to continue ‘trolling’ Trump appeared on BitcoinEthereumNews.com.

California Governor Gavin Newsom said he will intensify his attacks on President Donald Trump by launching a memecoin and expanding a wave of social media posts designed to parody the former president’s online persona, NBC Los Angeles reported. The governor made the revelations during a recent appearance as a guest co-host on the “Pivot” podcast with journalist Kara Swisher. He said he launched the initiative to highlight what he called the absurdity of Trump’s online persona, including the President’s frequent use of capital letters and AI-generated images depicting himself as a superhero. Newsom said the coin, slated to be called “Trump Corruption,” will fund his Campaign for Democracy and redistricting efforts. He added that the project is part satire but reflects deep concerns about the state of U.S. democracy. ‘Trump Corruption Coin’ Newsom said that his Trump Corruption Coin is aimed at countering Trump-related digital assets, including the official TRUMP token. He added that the proceeds will be directed toward his Campaign for Democracy, which will fund redistricting efforts and grassroots organizing. He joked that his original idea was to name the coin “Smelt,” a nod to reports about Trump’s personal fragrance. He added that if he decided to mimic the President further, he might even crowdsource names for a perfume line. Despite the satirical edge, Newsom framed the project as a serious warning about democratic backsliding, adding to concerns raised by Democrats over Trump’s digital ventures. The governor also expressed confidence that his meme coin would outperform Trump’s, recalling a previous White House exchange in which Trump bragged about profits from his coin and his wife, Melania’s, venture into the same market. Gloves-off approach Newsom said his gloves-off approach emerged after months of attempts to cooperate with Trump’s administration over federal disaster aid. However, he shifted course when Trump deployed…

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Filed under: News - @ September 1, 2025 10:26 pm