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Mark Cuban Proposes Meme Coin to Tackle U.S. National Debt

Mark Cuban Proposes Meme Coin to Tackle U.S. National Debt

Mark Cuban has proposed an unconventional plan to introduce a meme coin with a purpose beyond speculation: helping to reduce the U.S. national debt.

The billionaire entrepreneur shared the idea on X, stating that all proceeds from the coin’s sales would go directly to the U.S. Treasury. Inspired by the $TRUMP token, Cuban’s proposed project would follow a similar model, including a 20% float and a structured release schedule.

Cuban described his vision as a way to combine speculative investing with public benefit. “If people are going to gamble on meme coins, why not use it to chip away at the national debt?” he explained. His transparency-first approach includes making the Treasury wallet address publicly accessible, allowing anyone to track the funds.

Balancing Hype with Caution

Cuban’s announcement sparked questions about the potential risks for investors. In a discussion with X user artchick.eth, who raised concerns about distribution fairness and community involvement, Cuban acknowledged the speculative nature of the venture.


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He emphasized the importance of community in the success of meme coins, pointing to Dogecoin and Shiba Inu as examples of projects that thrived on long-term community support. “It’s a gamble,” he admitted, comparing the meme coin market to a game of musical chairs where some will inevitably lose out.

A Shift in Perspective

This idea marks a departure from Cuban’s earlier stance on meme coins, which he once criticized as scams. Now, he aims to transform the concept into a tool for social impact, blending transparency with the speculative excitement of the crypto market. “No promises, no hype—just complete transparency,” Cuban assured.

With the project in its early stages, Cuban’s proposal highlights the evolving narrative around meme coins, positioning them as potential vehicles for greater public benefit.

Author
Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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