Melania Trump is launching a cryptocurrency ahead of Donald Trump’s inauguration

New First Lady Melania Trump Launches Her Own Meme Coin Ahead Of Her Husband’s Inauguration As 47^thousand of the President of the United States on Monday.

In a Sunday evening post on social media platform X, she announced that investors “can buy $MELANIA now.”

Melania Token was trading at $10.98 at 09:45 London time on Monday, up nearly 50%, according to data from CoinMarketCap. It has a market capitalization of $2.11 billion.

White House chief-to-be Donald Trump, who will be inaugurated for the second time on Monday, is also launched its own meme coin on Friday, which got up as much as 300% in its debut. By 09:47 London time, the “Official Trump” coin was down 8.5% to $52.35, according to CoinMarketCap.

This developing story is being updated.