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California Governor Gavin Newsom has announced plans to launch a satirical memecoin targeting Donald Trump’s crypto ventures. Dubbed ‘Trump Corruption Coin,’ the project aims to highlight what Newsom calls Trump’s alleged scandals. Proceeds from the coin will fund redistricting and voter outreach efforts.
- Proceeds from the memecoin will fund redistricting and voter outreach initiatives.
- The coin is explicitly named to reference Trump's alleged corruption scandals.
- Newsom announced the plan during an interview on the 'Pivot' podcast.
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