Melania Trump’s memecoin, named $MELANIA, was also shared on Donald Trump’s Truth account. Despite the mid-day loss, $TRUMP is still up 7000% since its launch on Friday. This increase has brought significant paper wealth to the incoming President, amounting to billions.
The market capitalization of $TRUMP is approximately $33 billion. The impact of Melania Trump’s memecoin on the value of $TRUMP will continue to be monitored.
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Source: Cryptocurrency - investing.com