Melania Trump Launches Meme Coin, Triggering $TRUMP Token Crash
- Melania Trump launched her cryptocurrency $Melania, which caused her husband’s cryptocurrency $Trump to drop in value.
- The $Trump coin fell from over $70 to $40 after the launch of $Melania but recovered to around $60 by early Monday.
- Both coins are trading on the Solana blockchain and are not intended as investment opportunities.
- The $Trump coin has a market capitalization capped at $13 billion, with 80% of the supply held by affiliated organizations.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left37Leaning Right28Center34Last UpdatedBias Distribution37% Left
Bias Distribution
- 37% of the sources lean Left
37% Left
L 37%
C 35%
R 28%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
