Ahead of President Donald Trump's inauguration on Jan. 20, 2025, the incoming first couple has launched $TRUMP and $MELANIA meme coins, sparking memes about the pair's crypto-friendly attitude and the volatile nature of the cryptocurrency.

First Lady Melania Trump's cryptocurrency, $MELANIA, debuted in a social media post on Sunday. Her X account post reads, “The Official Melania Meme is live!

As President Donald Trump prepares to take office on Jan. 20, 2025, the incoming first couple has made headlines with their respective meme coins, inspiring a wave of memes about their crypto-friendly stance and the volatile nature of the cryptocurrency.

First Lady Melania Trump officially announced her cryptocurrency, $MELANIA, in a social media post on Sunday. Her Xわずか account post reads, “The Official Melania Meme is now live! You can buy $MELANIA now.”

There is a Community Note on Melania Trump’s announcement which reads, “The $MELANIA ‘memecoin’ does not match their reported tokenomics with 89% being held by a single wallet. Buying this token is incredibly risky and will likely result in the loss of funds,” with a link to a post by @bubblemaps with more information.

Meme coins, which are often inspired by internet trends, are known for their volatility, which was evident in the drastic price drop of $TRUMP following the announcement of $MELANIA, CNN reports. “Trump’s meme coin skyrocketed over the weekend and was trading at more than $70 by Sunday afternoon,” they wrote. “However, the president-elect’s coin nosedived to $40 after Melania revealed her own coin. It has since recovered some of those losses and was trading around $60 early Monday. $MELANIA was trading just over $12 early Monday.”

As Inauguration Day approaches, people have begun to create and share memes about the Trumps’ foray into the cryptocurrency market.

Here are some of the funniest memes about their meme coins:

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That didn’t last long…Trump crashes out of the Bloomberg rich list due to his meme stock nosediving…The stock has plunged by 53% since then to about $37 – slashing the worth of Trump’s position by $2.9 Bil – $3.3 Bil in two weeks.https://t.co/QxYglTJ8pP pic.twitter.com/W8BnFMOcgS

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The pattern of Trump’s meme coin stock was also turned into a meme by many, as they pointed out that the shape almost looks like his profile.

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Finally, Melania's meme coin also led to memes being posted about her, including Trump’s hypothetical reaction to her meme coin causing his to drop rapidly in value.

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