Melania Trump Crypto Meme Coins Are Here Less Than 24 Hours Before Inauguration
Ahead of their return to the White House, Donald and Melania Trump are promoting crypto meme coins, with Melania announcing the launch of “$MELANIA” on Sunday via her official X account. The token, built on the Solana blockchain, follows the president-elect’s highly lucrative “$TRUMP” coin, reportedly worth $58 billion on paper. Both tokens are marketed as digital collectibles and disclaim investment intent or political ties, reported RollingStone.com.
The $MELANIA token, priced around $250-$270 per unit, launched just one day after its website registration. Critics have raised concerns over potential conflicts with federal ethics rules, as the ventures align closely with Trump’s campaign conclusion and his pledge to make the U.S. a global crypto leader. Brendan Fischer of Documented suggests the timing raises ethical questions about profiting from public office or campaigns.