Melania Trump, the wife of Donald Trump, who will take office as US president on Monday, announced on social network X the launch of her cryptocurrency.
The wife of the president-elect wrote:
The Official Melania meme is live! You can buy $MELANIA now. https://melaniameme. com FUAfBo2jgks6gksB4Z4LfZkqSZgzNucisEHqnNebaRxM1P.
Earlier, Trump announced the launch of his own cryptocurrency, “memecoin” OFFICIAL TRUMP. According to crypto exchanges, in less than a day after the launch, Trump’s cryptocurrency quadrupled in value, and the total trading volume exceeded $10 billion. At the same time, Trump introduced this new digital currency as a “meme coin.” The latter is a cryptocurrency designed to capitalise on public enthusiasm around an online personality, movement or viral phenomenon.
“Meme coin” has no economic or transactional utility and is often considered a purely speculative asset, the media outlet wrote. Melania’s currency traded at $6.3 per unit in the first hour after the launch. At the same time, the memecoin launched by Trump lost in price almost 50% after the publication of the news about his wife’s cryptocurrency.
Earlier, Eric Trump, the son of US President-elect Donald Trump, announced that his father intends to turn the US into a world leader in the field of cryptocurrencies. The victory of Donald Trump in the US elections caused a significant increase in the bitcoin rate, which reached at that time a record of 81 thousand dollars.
