Melania Trump launches her own cryptocurrency ahead of Donald Trump's inauguration
Incoming US First Lady Melania Trump has launched a cryptocurrency of her own just hours before her husband Donald Trump's inauguration.
She made the announcement just hours after Donald Trump launched $Trump cryptocurrency.
Both coins spiked but remained volatile during trading.
Sharing her currency, Melania Trump wrote on X: "he Official Melania Meme is live!"
The Official Melania Meme is live!
— MELANIA TRUMP (@MELANIATRUMP) January 19, 2025
You can buy $MELANIA now. https://t.co/8FXvlMBhVf
FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P pic.twitter.com/t2vYiahRn6
"You can buy $MELANIA now," she said.
The website for the "Official Melania Meme" said the crypto asset was created on the Solana blockchain.
The $Trump meme coin has a total market valuation of about $12 billion (£9.8bn) and the $Melania cryptocurrency stands at just over $2 billion, according to the CoinMarketCap website as quoted by Independent.
Despite criticising it earlier, Trump had accepted digital assets as donations during 2024 presidential campaign.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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