Melania Trump Launches Cryptocurrency Ahead of Donald Trump’s Inauguration: Everything You Need to Know
Incoming First Lady Melania Trump launched her own meme coin on Monday ahead of her husband’s inauguration as the 47th President of the United States.
In a post on the X social media platform on Sunday evening, she announced that investors could “buy $MELANIA now.”
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 CoinMarketCap, the Melania token was trading at $10.98 as of 9:45 AM London time on Monday, marking a nearly 50% surge. The token boasts a market cap of $2.11 billion.
Melania Trump Launches Cryptocurrency
On Friday, Donald Trump, the incoming president who will be sworn in for a second term on Monday, also introduced his own meme currency, which at first saw a 300% increase. According to CoinMarketCap, the “Official Trump” currency had dropped 8.5% to $52.35, as of 9:47 AM London time.
🔴Key Details:
1.) Melania Trump’s Meme Coin: Named “$MELANIA,” this token is her first cryptocurrency venture.
2.) Launch Timing: The announcement was made on the eve of Donald Trump’s inauguration as President of the United States.
3.) Connection to Donald Trump: The launch comes just days after Donald Trump unveiled his own meme coin, “Official Trump.”
This marks a unique collaboration of cryptocurrency ventures from both the President and the First Lady, adding a digital twist to their political journey.
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