Melania Trump, pictured in July 2024, launched her own meme coin.
Leon Neal | Getty Images
New First Lady Melania Trump has launched her own meme coin ahead of her husband’s inauguration as the 47th.th the president of the united states on monday.
In a Sunday evening post on social media platform X, she announced that investors “can now buy $MELANIA.”
The Melania token was trading at $10.98 at 09:45 a.m. London time on Monday, up nearly 50%, according to data from CoinMarketCap. It has a market capitalization of $2.11 billion.
Incoming White House leader Donald Trump, who will be inaugurated for the second time on Monday, as well launched its own meme coin on Friday, which grew up even 300% on its debut. By 09:47 a.m. London time, the “Official Trump” coin was down 8.5% to $52.35, according to CoinMarketCap.
This developing story is being updated.
