Trump's cryptocurrency generates billions of dollars from nothing | ABC News

Donald Trump’s new cryptocurrency ‘meme coin’ has generated billions of dollars ahead of the US president-elect’s inauguration. $Trump’s total value would be enough to make it a top 40 company on the Australian stock exchange, surpassing flag carrier Qantas. ABC business reporter David Chau says the president-elect is very good at enriching himself. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2025-01-20/us-politics-live-donald-trump-washington-rally-inauguration/104836192 ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on X (Twitter): http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia