Melania Trump, pictured in July 2024, launches her own coin.
Leon Neal | Getty Images
Incoming First Lady Melania Trump has launched her own meme coin ahead of her husband's inauguration as the country's 47th presidenty President of the United States on Monday.
In a post Sunday evening on the social media platform X, she announced that investors “can buy Melania Dollars now.”
The Melania token was trading at $10.98 at 09:45 a.m. London time on Monday, up nearly 50%, according to Data from CoinMarketCap. Its market capitalization is $2.11 billion.
Next White House leader Donald Trump will be inaugurated for the second time on Monday He launched his own meme coin That Friday rose Up to 300% on his first appearance. By 09:47 AM London time, Trump's official currency had fallen 8.5% to $52.35. According to CoinMarketCap.
This developing story is updated.
