Melania Trump Launches Her Own Crypto Meme Coin

CNBC reports:

Incoming first lady Melania Trump launched her own meme coin ahead of her husband’s inauguration as the 47th president of the United States on Monday. In a Sunday evening post on the X social media platform, she announced that investors “can buy $MELANIA now.” The Melania token was trading at $11.16 at 10:48 a.m. London time on Monday, up more than 50%, according to data from CoinMarketCap. It has a market cap of $2.15 billion.

In a disclaimer on the meme coin’s official website, potential buyers are told that Melania memes “are digital collectibles intended to function as an expression of support for and engagement with the values embodied by the symbol MELANIA. and the associated artwork, and are not intended to be, or to be the subject

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