Incoming first lady Melania Trump has launched her own cryptocurrency on the eve of her husband’s inauguration, making billions in a matter of minutes. ‘The Official Melania Meme is live! You can buy $MELANIA now,
Melania Trump launched a meme coin on the eve of her husband’s inauguration — causing his own new cryptocurrency to briefly tank amid a buying frenzy. The incoming first lady dropped news of the cryptocurrency — “$MELANIA” — on Sunday night — just days after her husband, President-elect Donald Trump, revealed his own newly created $TRUMP coin.
Meme coins like the ones recently launched by United States President Donald Trump and his wife, Melania, are a hot trend in the cryptocurrency ecosystem. The rise of these digital tokens reflects the influence of internet culture and community-driven hype on the market,
Donald Trump launched $TRUMP cryptocurrency, a meme coin, days before his inauguration. It quickly reached over $32 billion in value. Melania has now launched her own.
The cryptocurrency market often sees projects rise and fall quickly, with hype-driven tokens like Melania Trump’s coin facing challenges in sustaining investor confidence.While speculative projects struggle to find their footing,
Hours before the second inauguration of president-elect Donald Trump, incoming first lady Melania Trump has launched her own cryptocurrency. “The Official Melania Meme is live! You can buy $MELANIA now,” Ms Trump posted on X in the early hours of Monday.
President Donald Trump's return to office could be inaugurating a new landscape in cryptocurrency. Just two days after launching the new $TRUMP cryptocurrency meme ...
As the cryptocurrency market grapples with the hype surrounding Trump’s meme coins, many investors are shifting their focus toward projects offering long-term
$TRUMP and $MELANIA, as with other meme coins, are volatile. At the time of writing, $TRUMP traded around $US27, a fall of over 60 percent from its $US73 high, but still well above its initial sale price. $MELANIA has fared less well and is trading at $2.30, less than one third of its initial sale price.
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The TRUMP meme coin frenzy caused Solana dApps to suffer during an increased period of trading volume and congestion.