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Melania Trump, pictured in July 2024, launched her own meme coin.
Leon Neal | fake images
Incoming first lady Melania Trump launched her own meme coin ahead of her husband’s inauguration as 47th president of the United States on Monday.
In a Sunday evening post on social media platform X, he announced that investors “can buy $MELANIA now.”
The Melania token was trading at $10.98 at 09:45 am London time on Monday, up almost 50%, according to CoinMarketCap data. 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, also launched its own meme coin on Friday, which arose up to 300% in its debut. At 09:47 am London time, the “official Trump” coin was down 8.5% to $52.35. according to CoinMarketCap.
This developing story is being updated.
