Melania Trump Launches Meme Coin, Triggering $TRUMP Token Crash
- Melania Trump launched her cryptocurrency $Melania on January 19, affecting her husband Donald Trump's coin $Trump, which dropped from over $70 to $40 after the announcement.
- The $Trump coin's market capitalization is capped at $13 billion based on 200 million coins circulating, according to CoinMarketCap.
- Both $Melania and $Trump coins are not intended to be investment opportunities, as stated on their respective websites.
- The $Trump coin is described as 'the only official Trump meme' and celebrates a leader who 'doesn’t back down, no matter the odds.
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Total News Sources0
Leaning Left34Leaning Right28Center32Last UpdatedBias Distribution36% Left
Bias Distribution
- 36% of the sources lean Left
36% Left
L 36%
C 34%
R 30%
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