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Published

Melania Trump Launches Meme Coin, Triggering $TRUMP Token Crash

  • Melania Trump launched her cryptocurrency $Melania, causing her husband Donald Trump's cryptocurrency $Trump to drop in value.
  • $Trump was trading at over $70 before $Melania's launch but fell to $40, later recovering to around $60.
  • Both $Melania and $Trump are meme coins trading on the Solana blockchain, with disclaimers stating they are not investment opportunities.
  • The $Trump coin is the first endorsed by Donald Trump, who previously criticized Bitcoin as 'based on thin air.
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Bias Distribution

  • 37% of the sources lean Left
37% Left
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