Trump crypto move? Polymarket sees 27% chance of new ‘token’ by year-end

Trump crypto move sparks speculation a new coin as Polymarket prices 27% odds and ethics alarms grow.

Donald Trump’s orbit is edging closer to launching another crypto token, and prediction markets are already placing odds on it.

Polymarket odds and “Digital Token Initiative”

According to Benzinga’s syndication on Yahoo Finance, Polymarket traders are assigning a 27% probability that Donald Trump will launch a new cryptocurrency by year‑end. That speculation intensified after Trump Media & Technology Group (TMTG) confirmed the record date for its “Digital Token Initiative” in an official press release, stating that “DJT shareholders as of that date will be eligible to receive digital tokens tied to the Truth Social platform.”

The company has described the current tokens as “non‑transferable” and not exchangeable for cash, a structure that means they “don’t yet meet Polymarket’s criteria for a tradable coin.” Still, the move signals that TMTG “is integrating blockchain technology into its corporate structure,” a clear shift from its prior single‑track bet on social media.

$802M in crypto income and “crypto corruption” claims

A Reuters analysis cited in the article estimates that the Trump family “amassed over $802 million from crypto operations in the first half of 2025 alone,” with “more than 90% of the family’s declared income” now stemming from crypto. By contrast, traditional businesses such as golf courses brought in about $33 million, while real‑estate licensing generated roughly $23 million.​

That haul includes earlier Trump NFT drops and the Official Trump (TRUMP) and Melania Meme (MELANIA) meme coins, which “made the Trump family millions, despite subsequent volatility and controversy.” At a recent White House press conference, Trump tried to distance himself from an alleged $500 million investment from the United Arab Emirates into World Liberty Financial, saying he “doesn’t know” about the deal and that his sons are “handling that.” Senator Elizabeth Warren has branded the situation “crypto corruption,” warning about conflicts of interest between Trump’s political role and his family’s digital‑asset ventures.

Market backdrop: risk still on

This parabolic move comes as digital assets continue to trade as the purest expression of macro risk appetite. Bitcoin (BTC) is hovering around $71,208.7, with a 24‑hour high near $72,268.8 and a low close to $69,082.4, on roughly $42.2B in volume. Ethereum (ETH) changes hands near $2,091.8, after a modest 0.43% gain over the last 24 hours. Solana (SOL) trades around $84.54, with a 24‑hour high near $89.08 and a low around $83.87, on approximately $3.5B in turnover.