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Mark Cuban considers issuing meme coin: Doge come here! All income will be donated to the Treasury to save US debt
American billionaire and owner of the NBA's Dallas Mavericks, Mark Cuban, proposed an innovative plan based on Meme coin in an attempt to help reduce US debt. Cuban stated that he is considering designing his own Meme coin based on $TRUMP coin, with a circulating supply of 20% and the same release schedule as $TRUMP coin. All sales revenue from this coin will be donated to the US Treasury, and the related Wallet Address will be made public to ensure transparency. Cuban believes that issuing a Meme coin is not technically difficult, but ensuring transparency and fairness is crucial to avoid accusations of market manipulation or insider trading. This proposal has sparked extensive discussion and opinions in the community, with both support and skepticism expressed. Some suggest more socially beneficial alternatives, such as using some of the revenue to improve the healthcare system or drop prescription drug prices, or as part of the US BTC strategic reserve. Cuban emphasizes that transparent financial use is the core philosophy of this project.