The launch of the $MELANIA token comes just two days after President-elect Donald Trump launched his own meme coin, which has since soared to a market cap of $10 billion.

Ahead of his inauguration, President-elect Donald Trump launched the $TRUMP meme coin. The crypto, which had captivated attention over the weekend, has seen a 60% dip in value from its highest point.

Melania Trump is following in the footsteps of her husband, President-elect Donald Trump, in launching her own meme coin . "The Official Melania Meme is live!" the incoming first lady posted on social media.

After breaking the record for the fastest meme coin to hit a $15 billion market cap, the Official Trump ($TRUMP) coin has come under scrutiny. Many question

The launch of the Trump token, which hit a $15 billion valuation, rides the trend and raises questions. Axios reporter Brady Dale explains what a meme coin is and what owners can actually do with them.

President Donald Trump launched his own cryptocurrency on Jan. 17, just a few days before the fascist leader took office for a second time. And while the memecoin, known as $TRUMP, is clearly a way for the president to profit from the presidency,