Gavin Newsom Plans “Trump Corruption” Meme Coin Ahead of WLFI Launch

Quick overview

Gavin Newsom to Launch Meme Coin “Trump Corruption” to Challenge Trump in Crypto

California Governor Gavin Newsom announced on the Pivot podcast with Kara Swisher that he’s launching a meme cryptocurrency called “Trump Corruption” to challenge President Trump in the crypto space. This comes just days before the Trump-backed World Liberty Financial (WLFI) token debuts, which has helped the Trump family amass over $5 billion in net worth. Newsom joked that alternative names, like “Smelt,” were considered, referencing previous media commentary on Trump’s personal image.

Newsom said this is part of a broader strategy to satirize Trump across multiple platforms. His team has already released merchandise with slogans like “Make America Gavin Again” and parody items mimicking Trump-branded products.

California Gov. Gavin Newsom plans a meme coin parody called “Trump Corruption” to rival Trump’s TRUMP token, with all proceeds going to his “Campaign for Democracy.”

The move comes amid WLFI hype, as TRUMP token slides, testing support near $8.20–$8.40. pic.twitter.com/hrjTspJugK

— 0xfunds (@fundsgonee) September 2, 2025

Meme Coin Strategy and Campaign Goals

All proceeds from the Trump Corruption coin will go to the Governor’s Campaign for Democracy, funding redistricting and civic awareness programs. He said:

• Encourage the team to innovate and experiment against Trump’s digital presence
• Use humor and parody to highlight political absurdities
• Leverage meme culture to increase visibility and engagement

Newsom said: “We’re on the other side of this… no permission slip now, not even forgiveness. You just go and we go hard, and we don’t stop.”

TRUMP Token in Decline

For Newsom’s meme coin to surpass the TRUMP token, it would need to go above the all-time high of $73.43 and a market cap of $1.6 billion. Current TRUMP metrics look vulnerable:

Californian Governor Gavin Newsom plans to launch a meme coin that directly parodies President Trump’s own TRUMP token. Newsom says the token will be called “Trump Corruption.” pic.twitter.com/6nbYF3rm3S

— Cryptomovers_ (@Cryptomovers77) September 2, 2025

• Price dropped 5% in 24 hours, testing resistance at $9.20 and falling to $8.34
• Relative Strength Index (RSI) at 42, not oversold
• Key support zone between $8.20-$8.40; if it breaks, it could go below $8.00

Since TRUMP is in a downtrend, Newsom’s coin could benefit from novelty and strong initial adoption and attract attention from both crypto enthusiasts and political observers.

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Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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