<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDUvMDE5NmZkNmYtNTNlZC03NDRjLThiMjEtYjU0YmRiZjMwNDNh.jpg" alt="California governor teases ‘Trump Corruption Coin’ in jab at MAGA memecoins"></p><p>California Governor Gavin Newsom says his planned memecoin is meant to expose the absurdity of Trump’s crypto ventures.</p>