Melania Trump Launches Cryptocurrency Before Trump’s Oath, Market Value Soars to $2 Billion

New Delhi (The Uttam Hindu): Just hours before Donald Trump's swearing-in, his wife Melania Trump has launched her cryptocurrency. She gave this information on social media site X. She said that 'DollarMelania' ($MELANIA) can be purchased.

'DollarMelania' was launched just after Donald Trump introduced his meme coin, which briefly impacted the value of 'DollarTrump'. According to its official website, the 'DollarMelania' cryptocurrency is created and tracked on the Solana blockchain. Meme coins are cryptocurrencies inspired by characters, individuals, animals, or artworks. The prices of 'DollarTrump' and 'DollarMelania' coins have been steadily rising since their launch, but they are also subject to volatile trading. The websites of these coins emphasize that these cryptocurrencies should not be used as investments.

'DollarTrump' was also launched

The 'DollarTrump' website describes the token as a symbol of support for the incoming president. Donald Trump said in a post on X, 'It's time to celebrate everything we stand for: victory! Join my very special Trump community.' According to the CoinMarketCap website, the total market valuation of the 'DollarTrump' meme coin is about $12 billion and the 'DollarMelania' cryptocurrency is a little over $2 billion.