Trump News Today: AI Force Plan Hits Trump Memecoin Price Hard

One post from President Donald J. Trump can shake a screen full of prices. In Trump news today, a poll to rename AI, a plan for an "AI Force," and a crypto slide all landed together. Did the AI push spook traders? Let's walk through each story in order.

Key Takeaways

• President asked voters to rename AI. The poll has 57,122 votes and closes in one day.

• He announced an "AI Force" and said AI could reach 25% of US GDP.

• Trump Coin fell 2.1% to $2.01, and MAGA coin lost 14.1% in a week.

Trump News Today: Why AI Force and a Crypto Slump Landed Together

The story starts on Truth Social. It moves to the Federal Reserve, then ends on your crypto screen.

AI Poll: Should Artificial Intelligence Be Renamed?

According to Donald J. Trump's Truth Social post, many people think the words "Artificial Intelligence" are inaccurate and very ineloquent. He says a more elegant and accurate name would suit this new phenomenon. He offered three options:

Source: Truth Social 

• Superior Intelligence (SI)

• Extreme Intelligence (EI)

• Supreme Intelligence (SI)

He asked everyone to vote on the best name for this ever-growing "Revolution." The Kobeissi Letter flagged the post as breaking news. Notice that two options share the same short form, SI. The poll closes in one day, and 57,122 votes were already recorded.

AI Force News: The 8 Claims Behind the Plan

President also announced the creation of an "AI Force" and said AI could make up 25% of US GDP, according to The Watcher Guru. GDP is the total value of goods and services a country makes in a year. 

The Bull Theory then listed what Donald said "just now":

• AI is the "next Industrial Revolution."

• AI could eventually make up as much as 25% of US GDP.

• An "AI Force" will form, similar to the Space Force.

• An AI "Czar" will be named soon. Only high IQ people need apply.

• The US will not hinder or stifle the growth of the AI industry.

• Bad uses of AI can go through the existing criminal and civil justice system.

• America leads China and the rest of the world in AI, and plans to stay ahead.

• Data centers bring higher salaries, lower taxes and safer streets to the towns where they're built.

Reading artificial intelligence news like this, one number stands out. A 25% share would turn AI from one industry into a quarter of the whole US economy.

From Fed Rate Cut to AI War: Why Did Trump Pivot?

Days ago, Trump was fighting for a Fed rate cut, and that fight still frames Trump news today. The Kobeissi Letter reported on September 17 that, right after the Fed hiked rates, he said the Fed should have cut them to "1% or lower."

Here are the numbers:

• Before the hike, the target Fed Funds Rate was 3.50% to 3.75%.

• After the hike, it stands at 3.75% to 4.00%.

• He now calls for a cut of at least 300 basis points. A basis point is one hundredth of a percent.

• The largest single-meeting cut in US history was 100 basis points, in 2008 and 2020.

His plan implies a cut three times that record. The Kobeissi Letter added that Q4 will be interesting, to say the least. Now his focus has moved to an AI war.

Crypto Market Crash Today: What CoinGecko Data Shows

Neither story sat well with crypto in Trump news today. The whole space slid. Each statement can shake prices, and the theme coins feel it most directly. CoinGecko shows:

Dominance means each coin's share of the total crypto value. Bitcoin holds the biggest slice by far.

Trump Coin Price Today: Why Did Official Coin Slip to $2.01?

Trump news today also hit the Official Trump coin. It had gained over 2.8% in a week. Then it started dropping. CoinGecko data shows it trades at $2.01, down 2.1% in a day. Its market cap is $549.963 million, and its 24-hour trading volume is $236.454 million. Market cap is the coin price times the coins in circulation. The Trump coin price crash looks small on paper, but the switch from weekly gains to daily losses came fast.

Source: Coingecko Data

Memecoin news today looks harsher here. MAGA coin recorded a weekly crash of 14.1%. That gap shows how the announcements can change sentiment fast. A memecoin is a coin driven by hype and community more than by a product.

Conclusion

Trump news today mixes AI ambition with pain in crypto. He wants a new AI name, an AI Force and a path to 25% of GDP. Meanwhile, Official Coin sits at $2.01 and MAGA lost 14.1% in a week. Watch the poll result, the AI Czar pick and CoinGecko prices next.

YMYL Disclaimer: This content is for information only. It isn't financial, investment, tax or legal advice. Crypto prices, especially memecoin prices, swing fast, and you can lose all your money. Figures come from Truth Social, The Kobeissi Letter, The Bull Theory and CoinGecko at the time of writing, and they may change. Do your own research and talk to a licensed advisor before you invest.