Melania Trump launches her own meme coin following Donald Trump's crypto move
Melania Trump, the incoming First Lady of the United States, has launched her own cryptocurrency token, joining the growing trend of meme coins. This announcement came just days after her husband, President-elect Donald Trump, unveiled a meme coin of his own.
Melania Trump shared the news on X (formerly known as Twitter), where her tweet about the new cryptocurrency quickly gained traction, boosting the coin's value.
“The Official Melania Meme is live! You can buy $MELANIA now,” Melania Trump posted on the platform on Monday.
At 6:17 am IST, the Melania Meme Coin was trading at $12.31, showing an impressive surge of over 70% within a few hours of its launch during early Asian trading hours. This rapid increase pushed the coin's fully diluted market capitalization to over $12 billion, reflecting high interest and engagement from traders.
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