The community behind the "Let's go Brandon" coin are donating the equivalent of 1.5 million in $FJB to charity on behalf of Jared Schmeck, the Oregon dad who spoke with President Joe Biden on Christmas Eve. It was during that call that Schmeck said "Let's go Brandon" to the President, to which the President replied "Let's go Brandon, I agree."
The cash equivalent of 1.5 million in $FJB will go to the First Responders Children's Foundation, which "supports the children & families of our first responder heroes who risk their lives every day in service to our communities." Schmeck was offered the coin but preferred to donate the money to a worthy cause.
The coin advertises itself as the "coin that fights for America." Former Trump Chief Strategist Steve Bannon and campaign advisor Boris Epshteyn have both taken strategic ownership positions with $FJB.
The coin was launched to troll President Joe Biden, but, as of November it already had a fully diluted market capitalization of around $55 million.
In gratitude, the founders of the cryptocurrency decided to donate $50,000 to a veteran's organization as a "token" of their gratitude for so much popular support.
It was on Christmas Eve, during a call to kids and families tracking Santa's flight via NORAD, the President and First Lady spoke to a dad who finished up the call with "Let's go Brandon."
"I hope you have a wonderful Christmas," Biden said.
"I hope you have a wonderful Christmas as well," the dad said, "Merry Christmas, and let's go Brandon."
It was shortly thereafter that Schmeck was doxxed, his identity revealed online. The death threats arrived for Schmeck shortly thereafter. Schmeck confirmed that while he is "frustrated" with the President's policies, he meant no disrespect.
In an interview with The Post Millennial, coin founder Grant Tragni said, "what really drove me to do it was the donation factor." Five percent of every transaction is automatically sent into a donation wallet, set aside for veterans' charities.
Tragni continued saying he wanted to find "the best way to one, help out veterans that are being really mistreated and two, utilize this movement for better." He noted, "There's this 'Let's Go Brandon' movement; there has to be a coin out there and there was nothing there."
"Let's go Brandon," which is "code for "f*ck Joe Biden," has become a common chant at college football game and social gatherings across the country.
The trend began when an NBC reporter was trying to cover for a NASCAR crowd chanting "f*ck Joe Biden," and she claimed they were cheering for the winner of the race and saying "Let's go Brandon."
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