The Donald Trump 2.0 crisis has already begun

Like President Donald Trump He was sworn in as the 47th President of the United States on Monday Opportunists They were already seeking to capitalize on the new Trump era, including the president himself.

A few days before he took office… Trump launched memecoin He called for $TRUMP to “celebrate our win and have fun,” warning that it was “not intended to be…an investment opportunity.” Trump announced the launch of X and Truth Social, and many wondered if they were the president’s accounts It has been hacked.

However, within hours, thousands had invested in the cryptocurrency. The sale was very successful Which, in billions of dollars, was roughly 90% Percent of Trump’s total wealth. However, like many meme coins, the price of the Trump coin fluctuated wildly and fell significantly on Sunday, with the price continuing to fall into Monday.

This occurred during his swearing-in on Monday. The memecoin was worth $TRUMP Nearly $50 billion, with Trump holding 80 percent of the coins. The currency, built on the Solana blockchain, allows anyone anywhere in the world to transfer money directly to the President of the United States.

First Lady Melania Trump also launched her own memecoin on Sunday, and although it didn’t reach the level of Trump’s memecoin, Melania $ coin It was worth about $8 billion on Monday.

The president and first lady weren’t the only ones seeking to capitalize on the hype surrounding Trump’s second term, and his inauguration weekend in particular. Since his first term in office, Trump has been a magnet for all kinds of giveaways and cash grabs, many of them sanctioned by the president himself, including everything from guitars and shoes to trading cards and coins.

Religion was also on the table. Country music singer Lee Greenwood said on Sunday that Trump might use a special version of the song “God Bless the United States of America” Bible Because of his swearing-in, the same Bible the singer has been selling with Trump since last March.

The “Inauguration Day Edition Bible” was on sale on Greenwood’s own website — along with hot pink and camouflage versions of the Bible — for $70 last week, but as Trump took office on Monday, it appeared the Bible had already sold out .

There’s a wide range of other memorabilia items for sale, from dozens of “Inauguration Day”-themed T-shirts and hats sold on platforms like Amazon and Etsy to a special “Inauguration Edition” from Victory Coffee. One Texas jeweler is even offering to gift the president an 8-carat diamond in the shape of his head in what appears to be a marketing pitch.

Because Trump’s inauguration was moved indoors due to extreme cold weather, tens of thousands of people who were sent tickets to the event were unable to use them. People have tried to cash in on these tickets, with dozens of listings on eBay offering unused tickets for up to $200 each. The tickets were distributed free of charge by members of the House of Representatives, bearing a 3D image and the signature of the representative whose office issued them. Many listings have already sold out, with some sellers offering multiple tickets.

A specific website was also created offering tickets for the commemorative inaugural, with some tickets being offered for up to $900. It is unclear who is behind the page, but the site ranks second in a Google search for “inauguration commemorative tickets.”

Vaccination Cash grabbing in Trump world is nothing new. Since Trump took office in 2016, he and his sycophants have embraced a wide range of schemes. Thanks to Trump’s support, many personalities have made their entire careers prosperous Topics like stolen elections or Covid denial.