Incoming first lady Melania Trump has launched her own cryptocurrency on the eve of her husband’s inauguration, making billions in a matter of minutes. ‘The Official Melania Meme is live! You can buy $MELANIA now,

Melania Trump launched a meme coin on the eve of her husband’s inauguration — causing his own new cryptocurrency to briefly tank amid a buying frenzy. The incoming first lady dropped news of the cryptocurrency — “$MELANIA” — on Sunday night — just days after her husband, President-elect Donald Trump, revealed his own newly created $TRUMP coin.

Donald Trump’s launch of his meme coin — coupled with low public understanding of crypto assets — could lead to financial losses from risky and speculative investments.

The cryptocurrency market often sees projects rise and fall quickly, with hype-driven tokens like Melania Trump’s coin facing challenges in sustaining investor confidence.While speculative projects struggle to find their footing,

President Donald Trump's return to office could be inaugurating a new landscape in cryptocurrency. Just two days after launching the new $TRUMP cryptocurrency meme ...

As the cryptocurrency market grapples with the hype surrounding Trump’s meme coins, many investors are shifting their focus toward projects offering long-term

$TRUMP and $MELANIA, as with other meme coins, are volatile. At the time of writing, $TRUMP traded around $US27, a fall of over 60 percent from its $US73 high, but still well above its initial sale price. $MELANIA has fared less well and is trading at $2.30, less than one third of its initial sale price.

The TRUMP meme coin frenzy caused Solana dApps to suffer during an increased period of trading volume and congestion.

As they nibbled miniature lobster rolls and sipped mezcal cocktails, the well-heeled guests toasted the coming reign of Donald Trump.

President Trump is inflating a crypto bubble that could cause havoc when it busts, according to hedge fund Elliott in an investor letter, The Financial Times reported. Trump’s extraordinary embrace of cryptocurrencies could fuel a speculative mania that would cause havoc when crypto prices collapse,

here was discussion about encouraging Melania Trump to come to Washington for the meeting,as some members of the president-elect's team felt it was important, the report stated. Trump says ...