Melania Trump Drops $MELANIA Crypto, Tanking Her Husband Donald Trump's Own Meme Coin $TRUMP Ahead Of His Inauguration
Donald Trump will be sworn in at his inauguration ceremony on January 20. Just a day before the beginning of his second term, Trump launched his own meme coin with the name $TRUMP.
President Donald Trump and first lady Melania Trump wave to supporters after giving a speech at Andrews Air Force Base, Md., Wednesday, Jan. 20, 2021 | AP
Melania Trump, Donald Trump's wife and the next first lady of the United States, has launched her own cryptocurrency with the name $MELANIA. This comes just a day after Donald Trump himself launched a meme coin with the name $TRUMP.
Melania Trump Launches Her Crypto
The return of Donald J. Trump to the most powerful office in the world is just hours away.
Donald Trump will be sworn in at his inauguration ceremony on January 20. Just a day before the beginning of his second term, Trump launched his own meme coin with the name $TRUMP.
In his post, Trump said, "My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to http://gettrumpmemes.com — Have Fun!"
Now, Melania Trump, in her post on X shared the news of the launch of her own cryptocurrency and said, "The Official Melania Meme is live! You can buy $MELANIA now. https://melaniameme.com FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P"
Trump's Crypto Crashes
This development has led to many rushing to buy her crypto coin, sending Trump's own crypto down the stairs, as its value stumbled.
The move from the next first lady devalued her husband's meme coin $TRUMP by 50 per cent, attracting support from cryptocurrency enthusiasts and supporters of the next president.
Melania Trump's coin surged in value and attained a market cap of USD 5 billion in no time.
$MELANIA was trading for USD 0.1702 each, thereafter, an astronomical rise of 3035.16 per cent was observed.
As per CoinMarketCap, the $TRUMP's value stood at USD 45.87. Meanwhile, $MELANIA weighed at USD 7.95.
Although Melania Trump has been far more visible and involved in Trump and his activities, post the victory in November 2024, Melania was conspicuous by her absence in the lead up to the election. The former and now next first lady did take part in most of Trump's rallies and other political engagements.
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