The post FIFA Coin Soars 142,000% After Trump’s Remarks at White House Crypto Summit appeared first on Coinpedia Fintech News
The FIFA World Cup trophy made a surprise appearance at the White House Crypto Summit, adding a touch of excitement to the event on digital assets and blockchain policy.
FIFA President Teases FIFA-linked Crypto LaunchFIFA President Gianni Infantino hinted at launching a FIFA-linked cryptocurrency at the White House Crypto Summit on March 7, ahead of the 2026 World Cup. President Donald Trump
Donald Trump
Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election
President
suggested the coin could even exceed FIFA’s value.
President Donald Trump spoke about the potential of FIFA Coin, joking, “It could be quite a coin,” and added, “That coin could be more than FIFA.” His comments quickly sparked speculation in the crypto community about the possibility of a FIFA-branded cryptocurrency becoming real.
FIFA COIN’s Reaches $3M Market CapAfter Trump’s comments, a cryptocurrency called FIFA COIN (FIFA) soared by 142,000%, reaching a market cap of around $3 million. FIFA COIN, traded on decentralized exchanges like Uniswap, saw a spike in trading activity, with a 24-hour volume of $0.65 and a price of $0.0645. However, it has no official connection to FIFA or the 2026 World Cup.
Crypto investors are cautioned about meme coins that often pop up after major events or statements from influential figures, which could lead to significant losses.
.article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; }Speaking at the event, Infantino said that FIFA, under his stewardship, is “very, very interested under my presidency to develop the FIFA coin.”So if there is anyone interested in teaming up with FIFA, we’ll conquer the world of soccer with the FIFA coin,” he added.
The 2026 FIFA World Cup will be hosted by Canada, Mexico, and the United States, marking the first time three nations will co-host the tournament. With a new 48-team format, it will feature 104 matches, making it the biggest World Cup ever.
Trump Pushes For U.S. Crypto LeadershipAt the White House Crypto Summit, key crypto leaders like Coinbase’s Brian Armstrong and Kraken’s Arjun Sethi joined President Trump, who emphasized making the U.S. a crypto leader. Trump also confirmed that his administration will hold seized Bitcoin in a Strategic Bitcoin Reserve, criticizing Biden’s crypto policies for hurting the industry.
.article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
.subscription-options li { display: none; } .research-report-subscribe{ background-color: #0052CC; padding: 12px 20px; border-radius: 8px; color: #fff; font-weight: 500; font-size: 14px; width: 96%; } .research-report-subscribe img{ vertical-align: sub; margin-right: 2px; }