Melania Trump, photographed in July 2024, launched her own meme coin.
Leon Neal | Getty Images
Incoming first lady Melania Trump launched her own meme coin ahead of her husband's inauguration as the 47th president.vol on Monday, the president of the United States.
In a Sunday evening post on the social media platform, X announced that investors “can now buy $MELANIA.”
According to the data, the Melania token was trading at $10.98 at 09:45 London time on Monday, up almost 50%. data from CoinMarketCap. Its market capitalization is $2.11 billion.
Future White House leader Donald Trump, who will be inaugurated for a second time on Monday, will as well launched its own meme coin on Friday, which increased by as much as 300% at the time of debut. By 09:47 London time, the price of the “Official Trump” coin had fallen by 8.5% to $52.35, according to CoinMarketCap.
This developing story is being updated.