The US President’s official meme coin $TRUMP held steady overnight with $8 billion value on January 22, while wife Melania coin is out of top 100, with market capitalisation of $760 million.
Digital currencies values surges amid expectation that new administration will support ‘crypto-friendly’ environment
Melania Trump announced Sunday that her new crypto meme was available to be purchased, just days after President-elect Trump announced the release of his own cryptocurrency.
Donald Trump launched $TRUMP cryptocurrency, a meme coin, days before his inauguration. It quickly reached over $32 billion in value. Melania has now launched her own.
Former First Lady Melania Trump has launched a meme cryptocurrency, MelaniaCoin, aiming to bridge culture and crypto while supporting youth education and the arts. Unveiled in a virtual event, the coin will serve as a digital collectible with philanthropic goals.
Cryptocurrencies affiliated with President Donald Trump and first lady Melania Trump plummeted in the initial hours after Trump was sworn into office Monday.
Cryptocurrencies launched by Donald and Melania Trump have angered some digital currency advocates and sparked fresh allegations of leveraging the presidency for profit. Melania Trump launched an $Melania coin the night before her husband was inaugurated as US president on Monday.
A reporter asked Trump, “Do you intend to continue selling products that benefit yourself personally while you’re president?” His answer was problematic.
President Trump’s launch of meme coins sparks criticism, with concerns over legitimacy in the crypto industry. Despite promises of lighter regulations, the move dampened enthusiasm among crypto supporters and industry leaders.
The Trump family faces criticism over the back-to-back launches of MelaniaCoin and TRUMP Token, with accusations of exploiting the cryptocurrency market for personal gain. Critics highlight the lack of transparency and potential risks in these ventures,