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Cryptocurrency News Articles
Melania Trump Launches Meme Cryptocurrency Shaking Crypto Market
Jan 21, 2025 at 11:19 pm
Incoming first lady, Melania Trump Launches the $Melania coin, a meme crypto coin that quickly became one of the most valuable cryptocurrencies in the world.
First lady Melania Trump has launched a meme cryptocurrency, joining her husband in the digital currency market.
Announced on X, the first lady’s coin is now available for purchase.
The Official Melania Meme is live!
You can buy $MELANIA now. https://t.co/8FXvlMBhVf
FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P pic.twitter.com/t2vYiahRn6
— MELANIA TRUMP (@MELANIATRUMP) January 19, 2025
According to Forbes, $Melania saw quick success: the digital currency was being traded for $11.22 and had a market cap of $2.15 billion. This market cap has already made $Melania one of the world’s top 60 most valuable cryptocurrencies, according to CoinMarketCap’s tracker.
Both $Melania and $Trump have lost 20% in value since the inauguration ceremony began, Axios reported.
Importantly for investors, both coins were disclaimed “‘not intended to be, or the subject of’ an investment opportunity or a security”, as reported by the BBC.
Currently, both $Melania and $Trump are still trending on CoinMarketCap’s tracker. Forbes reveals experts are worried about the damaging effects $Melania and $Trump could have on the market – despite this, people are continuing to invest.
What does the future hold for $Melania? Only time will tell.
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