A few days before Trump returned to the White House, he launched a meme coin called $TRump

According to the coin’s website, 200 million digital tokens have been issued and another 800 million will be issued over the next three years.

“This Trump Meme celebrates a leader who doesn’t back down, no matter the odds,” the website said.

It includes a disclaimer stating that the coin is “not intended to be or is the subject of an investment opportunity or security” and is “non-political and has no affiliation with any political campaign, political office or government entity.”

Critics have accused Trump of cashing in on the presidency, with one crypto commentator calling the meme coin “predatory.”

Nick Tomaino, a former executive at Coinbase, one of the largest cryptocurrency trading platforms, and cryptocurrency capitalist, wrote on social media: “Trump owning 80 percent and starting hours before the inauguration is predatory and many will be hurt.”

Such digital tokens are notorious for speculators who use hype to boost value before selling at the top of the market, leaving latecomers to count their losses as the price falls.

A cryptocurrency investor hopes the Trump administration will be a big boost for the industry.

President Joe Biden’s regulators have cited fraud and money laundering concerns as they seize crypto companies by suing exchanges.

Trump has previously been tight-lipped about cryptocurrency.

But at a Bitcoin conference in Nashville last year, he said that America would be the “crypto capital of the planet” after he returned to Washington.

His sons Eric and Donald Jr. announced their own cryptocurrency last year.