February 07, 2025 08:47 pm (IST)
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Melania Trump
Melania Trump launches her own cryptocurrency. Photo Courtesy: Melania Trump X page

Melania Trump launches her own cryptocurrency ahead of Donald Trump's inauguration 

| @indiablooms | Jan 20, 2025, at 07:04 pm

Incoming US First Lady Melania Trump has launched a cryptocurrency of her own just hours before her husband Donald Trump's inauguration.

She made the announcement just hours after Donald Trump launched $Trump cryptocurrency.

Both coins spiked but remained volatile during trading.

Sharing her currency, Melania Trump wrote on X: "he Official Melania Meme is live!"

"You can buy $MELANIA now," she said.

  The website for the "Official Melania Meme" said the crypto asset was created on the Solana blockchain.

The $Trump meme coin has a total market valuation of about $12 billion (£9.8bn) and the $Melania cryptocurrency stands at just over $2 billion, according to the CoinMarketCap website as quoted by Independent.

Despite criticising it earlier, Trump had accepted digital assets as donations during 2024 presidential campaign.

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