Melania Trump, the incoming first lady, has made a bold move by launching her cryptocurrency, $MELANIA, on the eve of her husband’s inauguration as US president, this development is part of the Trump Crypto launch.
Melania Trump took to social media platform X to announce the launch of her cryptocurrency. Her coin is a crypto asset created and tracked on the Solana blockchain. Interestingly, both $TRUMP and $MELANIA coins have disclaimers stating they are not intended to be investment opportunities securities.
According to CoinMarketCap, $TRUMP has a market valuation of around $12 billion, while $MELANIA stands at approximately $1.7 billion. This development comes as a surprise, given Donald Trump’s previous stance on cryptocurrency.
However, during his election campaign, he became the first presidential candidate to assets as donations. Donald Trump has also expressed plans to create a strategic bitcoin stockpile and appoint financial regulators who support digital assets.
Meanwhile, the crypto industry is watching these developments closely. Some experts believe that the launch of $TRUMP and $MELANIA coins could lead to increased mainstream adoption of cryptocurrency.
Furthermore, the growing interest in cryptocurrency has led to a surge in bitcoin prices. Bitcoin has jumped to a record high, currently trading at $140,000 on the crypto trading platform Coinbase.
In addition, the launch of the $MELANIA coin has sparked interest among crypto enthusiasts. Many are eager to see how this development will impact the crypto market.
The Trump Crypto Launch, including Melania and Trump’s $MELANIA coin, has made headlines and sparked interest in the crypto community.
