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Trump launches cryptocurrency with price rocketing

US President-elect Donald Trump has launched his own cryptocurrency, which quickly soared in market capitalisation to several billion dollars.

His release of the meme coin, $Trump, comes as he prepares to take office on Monday as 47th president of the US.

The venture was co-ordinated by CIC Digital LLC - an affiliate of the Trump Organization - which has previously sold Trump-branded shoes and fragrances. read more
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