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Cryptocurrency News Articles
Ivanka Trump Denies Involvement with IVANKA Memecoin, Calls It a Misuse of Her Image
Jan 26, 2025 at 07:37 am
The Trump memecoin saga is nothing new in 2025, as these coins based on Trump family figures and even prominent people have been popping up frequently
US President Ivanka Trump’s daughter has denounced a memecoin that bears her name, clarifying that she had no involvement with the project.
The memecoin, named IVANKA, was launched without Ivanka's consent, who has called it a misuse of her image and name.
“I had nothing to do with the IVANKA memecoin,” Ivanka Trump stated in a post on January 23. “It is a fraudulent memecoin launched using my name without my consent.”
The first daughter added that her legal team is already exploring legal remedies to address the case.
It has come to my attention that a fake crypto coin called “Ivanka Trump” or “$IVANKA” is being promoted without my consent or approval.
To be clear: I have no involvement with this coin. This fake coin risks deceiving consumers and defrauding them of their hard-earned money,…
- Ivanka Trump (@IvankaTrump) January 23, 2025
Meanwhile, the IVANKA memecoin made its debut on centralized exchanges, having been listed on MEXC on January 20. Following its launch, the digital currency experienced a surge of over 2.000%, quickly reaching its peak.
However, the trend did not hold, and IVANKA saw its value plummet below its initial price, trading at $0,00039 at the time of writing.
This incident is yet another chapter in the Trump Family-themed memecoin craze, which has already included others such as Official Barron and the TRUMP memecoin, both of which have seen significant gains following their launches. The Melania memecoin has also seen a significant surge in value since its listing, rising more than 250% in a single day.
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