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California Governor Gavin Newsom is taking his political rivalry with Donald Trump into the cryptocurrency space with a satirical memecoin. The ‘Trump Corruption Coin’ will fund democratic initiatives while parodying Trump’s online persona. This unconventional approach signals a new frontier in political campaigning and digital fundraising.
- Proceeds from the memecoin will fund redistricting efforts and grassroots organizing through Newsom's Campaign for Democracy
- The project originated from Newsom's frustration over Trump's immigration raids and deployment of National Guard troops in California
- Newsom expressed confidence his satirical coin would outperform Trump's official TRUMP token and Melania Trump's crypto ventures
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