Incoming first lady Melania Trump launched her own cryptocoin just a day after husband Donald.
Melania Trump becomes the latest to launch her own cryptocurrency ahead of Trump’s inauguration 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,’ she posted on X on Sunday night, attracting nearly 20,000 investors within the first hour.
The incoming Trump administration has bet heavily on crypto However, ethics watchdogs have raised concerns about both the Trump and Melania coins after it was revealed 80% and 90% of the respective tokens were being held in a single digital wallet, leaving only a small number available for public investors and liquidity. Anthony Scaramucci, Trump’s former communications director-turned-critic, was quick to criticise the launch. He wrote on X: ‘The Trump memecoin stuff is bad for the industry.
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